Nautilus Names Sid Nayar CFO

(RTTNews) - Nautilus, Inc. (NLS) said Friday that it has appointed Sid Nayar as Chief Financial Officer following an extensive national search.

Nayar joined Nautilus on February 10, and his appointment as Chief Financial Officer will become effective following the filing of the company's Annual Report on Form 10-K for the year ended December 31, 2013.

Nayar joins Nautilus from Congoleum Corp., a manufacturer of residential and commercial flooring products that was publicly traded from 1995 until completion of a private restructuring in 2010. Mr. Nayar joined Congoleum in 1986 and held increasingly senior accounting and finance positions, including Senior Vice President, Finance and Chief Financial Officer since 1999.