updated 01/03/2013 2:15PM
Quiksilver appoints new chief executive
Consumer branding industry veteran Andy Mooney has joined Huntington Beach-based surf and sport apparel company Quiksilver as the firm’s new president and CEO. Mooney takes on the roles succeeding cofounder Bob McKnight, who has been appointed executive chairman of the company. The Quiksilver board of directors made both appointments, which will go into effect on Jan. 11.
Mooney said he was honored to be joining Quiksilver, which he described as a company with “a stellar reputation, a long, distinguished history of creativity and innovation and strong customer relationships,” and that he is looking forward to working with the company’s board, management team and staff.
Most recently, Mooney held the position of chairman for Disney Consumer Products, located in Burbank. The Disney subsidiary is tasked with the global company’s licensing, publishing and retail businesses. Mooney’s 11-year tenure at DCP was marked by retail sales tripling to $36 billion. Prior to that, he worked at Nike Inc. for 20 years in a number of senior leadership positions
James Ellis, presiding director of Quiksilver, credited McKnight with developing the “small board short company” into a multibillion-dollar global brand for apparel, footwear and accessories, with distribution in more than 90 companies. “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.”
McKnight described the transition as a personally exciting time, saying that Mooney will bring experience and an ability to leverage the company’s brands and people. “I am very proud of Quiksilver’s many accomplishments and its three global iconic brands [Quiksilver, Roxy and DC], industry-leading athletes and gifted team of managers and employees.” McKnight added that he had worked with the company’s board of directors on the search for his successor. “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.”
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