Nautilus Group COO Resigns Amid Staff Promotions

The Nautilus Group Inc. has accepted the resignation of Kevin Lamar, its chief operating officer. The Vancouver, WA-based exercise equipment marketer did not give a reason for his resignation.

Nautilus was profitable in first quarter 2004, generating net income of $6.4 million on sales of $130.9 million. But its income levels fell by more than half from first-quarter 2003