Quiksilver replaces long-time CEO

04/01/2013
The founder and CEO of US-based surf brand Quiksilver has stepped down after 35 years in the company, and has been replaced by a former Disney executive.

Bob McKnight co-founded the surf brand in 1976, seeing the start-up grow into a worldwide corporation with annual revenues of $2 billion.

James Ellis, the company’s presiding director, said: “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.”

The board has chosen Andy Mooney as his replacement, effective January 11. He was most recently chairman of Disney consumer products, overseeing its licensing, publishing and retail businesses, and previously spent 20 years at Nike.

He said: “I am enthusiastic 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 realise Bob’s vision for Quiksilver.”