Joe Preston

President & Chief Executive Officer, New Balance Athletics

Search every verified Joe Preston interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a January 2024 interview, New Balance CEO Joe Preston discussed the company's evolution and his path to leadership. Preston noted that while the brand might have been defensive about its "dad shoe" reputation 15 years ago, it now embraces the label, citing collaborations with fashion brands and ambassadors from music and entertainment. He stated that New Balance has "created some of the best collabs in the industry over the last few years." Preston also provided details on the company's financial trajectory, saying that New Balance ended 2019 at $4.4 billion in revenue, dropped to $3.3 billion during the pandemic, but then saw strong e-commerce growth. He said the company developed plans to reach $7 billion, but that "our plan is to get to 10." He added that New Balance operates six factories in the US, describing it as "a small portion of our overall Global volume" but noting that the company is "the only ones that have athletic manufacturing facilities here in the US."