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Former Disney exec new president, CEO of Quiksilver

1/3/2013

HUNTINGTON BEACH, Calif. — Former Disney executive Andy Mooney has been appointed as president and CEO of Quiksilver. He succeeds Quiksilver’s co-founder Bob McKnight, who has been named executive chairman. Mooney will also join the board of directors.



The changes in leadership will become effective January 11.



Mooney most recently served as chairman of Disney Consumer Products, where he oversaw Disney’s worldwide licensing, publishing and retail businesses. During his 11-year tenure at DCP, he developed and launched highly successful new ventures, pioneered innovative business models and tripled retail sales to $36 billion. Prior to that, Mooney spent 20 years at Nike, where he served in a variety of senior level roles with global responsibility, including CMO, founder of Nike’s equipment business and GM of Nike’s global apparel business.



“Under Bob’s extraordinary vision and leadership, Quiksilver has grown from a small board short company into a multi-billion dollar global apparel, footwear and accessory company whose products are distributed in more than 90 countries,” said James G. Ellis, the company’s presiding director. “Bob has made countless contributions to our success, and he has attracted and inspired the company’s world class athletes, creative and dedicated employees and highly talented management team. Bob's passion for and commitment to this business has been, and will continue to be, an integral part of Quiksilver’s success.”



“We are thrilled and excited to welcome Andy as our next President and CEO,” added Ellis. “Andy has served in a variety of senior leadership roles with two of the largest, most recognized and well respected companies in the world. He is an experienced senior executive with a proven background building consumer brands, developing worldwide marketing strategies and driving global growth. Andy is ideally suited to lead Quiksilver into its next phase of growth and profitability.”



Headquartered in Huntington Beach, Calif., Quiksilver designs, produces and distributes a diversified mix of branded apparel, footwear and accessories that caters to outdoors sports enthusiasts. 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.



“This is an exciting time for Quiksilver and me personally as we bring in Andy and his ability to leverage our brands and people with his experience,” said McKnight. “I am very proud of Quiksilver’s many accomplishments and its three global iconic brands, industry leading athletes and gifted team of managers and employees. For the last year, I have worked closely with the board and a leading executive search firm to identify the best possible candidate to succeed me as president and CEO, and I know Andy is the right choice. Working together, Andy and I will ensure that this transition is seamless for all of our stakeholders and that the company will continue to execute on its strategic priorities to deliver long-term shareholder value.”



“I am honored to lead Quiksilver, a company with a stellar reputation, a long, distinguished history of creativity and innovation and strong customer relationships,” said Mooney. “Quiksilver has built a valuable portfolio of global authentic brands. I am enthusiastic and energized about the opportunities ahead, and look forward to working with the board, management team and our employees around the world to continue strengthening our brands, increasing global sales and driving operational efficiencies to fully realize Bob’s vision for Quiksilver.”

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