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Andy Mooney was removed from CEO position by Quik



Industry Updates

Last week's shakeup at Quiksilver was vague about Mooney's departure

Surfersvillage Global Surf News, 1 April, 2015 - In an SEC filing today Quiksilver announced that it had removed acting CEO Andy Mooney from his position. The news of his departure last week simply said he had left the position but didn't offer specifics.

Quiksilver said in the statement: "On March 26, 2015, the board of directors of Quiksilver removed Andy Mooney as the Company’s Chairman and Chief Executive Officer, effective March 27, 2015 The Company expects to enter into an agreement with Mr. Mooney prior to the end of its second fiscal quarter regarding his departure from the Company."

In the same statement Quik said that Richard Shields, the Company’s Chief Financial Officer, resigned from his position to pursue other opportunities.

For now the Board has appointed Pierre Agnes to the position of Chief Executive Officer of Quiksilver. Mr. Agnes, 50, had previously served as the Company’s President since October 2014, Global Head of Apparel since March 2013 and President of Quiksilver Europe since June 2005. 

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