Quiksilver Announces Changes to Leadership Team
October 14 2014 - 4:05PM
Business Wire
--Bob McKnight Retires as Senior Executive,
Remains a Director; Andy Mooney Elected Chairman; Pierre Agnes
Named President--
Quiksilver, Inc. (NYSE: ZQK) today announced that the company is
taking the next step in its transfer of leadership, which began
with the appointment of Andy Mooney as chief executive officer in
January 2013. Following a successful handover, Bob McKnight will
retire as a senior executive of the company on October 31, 2014,
and he will remain a director. The company also said Andy Mooney
has been elected chairman and Pierre Agnes has been promoted to
president of Quiksilver, Inc., effective November 1, 2014.
“I believe now is the ideal time to transition into a
non-executive role at Quiksilver. I have absolute confidence in
Andy and his entire team, and I look forward to continuing to help
guide the company as a member of the board of directors,” said
McKnight. “As a significant shareholder, I am fully supportive of
Andy’s elevation to chairman and delighted with Pierre’s
appointment as president. They are the perfect combination to lead
this company into the future.”
“It has been a privilege to work side-by-side with Bob. The
opportunity to learn from him has been invaluable and I am grateful
that the company will continue to benefit from his involvement as a
board member,” said Mooney. “Pierre thoroughly deserves his
augmented responsibilities and I look forward to continuing our
close partnership.”
Andrew Sweet, lead independent director of Quiksilver, said, “On
behalf of the board and everyone at Quiksilver, I want to thank Bob
for his many years of outstanding commitment and leadership. As a
representative of Quiksilver’s largest shareholder, I congratulate
Andy and Pierre on their expanded roles. We are confident that the
Quiksilver management team can significantly increase profitability
and shareholder value.”
About Bob McKnight
Bob McKnight co-founded Quiksilver in 1976. He served as
president from 1979 through July 1991, chairman and chief executive
officer from August 1991 to January 2013, and executive chairman
from January 2013 to present. Under McKnight’s guidance, Quiksilver
grew from a startup to a globally diversified, world leader in
outdoor lifestyle apparel and footwear.
About Quiksilver:
Quiksilver, Inc., one of the world’s leading outdoor sports
lifestyle companies, designs, produces and distributes branded
apparel, footwear and accessories. The company’s apparel and
footwear brands, inspired by a passion for outdoor action sports,
represent a casual lifestyle for young-minded people who connect
with its boardriding culture and heritage. The company’s
Quiksilver, Roxy, and DC brands have authentic roots and heritage
in surf, snow and skate. The company’s products are sold in more
than 90 countries in a wide range of distribution, including surf
shops, skate shops, snow shops, its proprietary Boardriders Club
shops and other company-owned retail stores, other specialty
stores, select department stores and through various e-commerce
channels. Quiksilver’s corporate headquarters are in Huntington
Beach, California.
NOTE: For further information about Quiksilver, Inc., please
visit our website at www.quiksilverinc.com. We also invite you to
explore our brand sites, www.quiksilver.com, www.roxy.com and
www.dcshoes.com.
Quiksilver, Inc.Robert JaffeInvestor
Relations424-288-4098zqk@quiksilver.com