This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today.
This archival content was originally written for and published on KPCC.org. Keep in mind that links and images may no longer work — and references may be outdated.
Quiksilver names former Disney Consumer Products chairman as CEO
(
Quiksilver
)
Sports clothing manufacturer Quiksilver Inc. named the former head of Disney consumer products as its new chief executive.
Andy Mooney, past chairman of Disney Consumer Products, will become Quiksilver’s CEO and president on Jan. 11. He joins Quiksilver as the Huntington Beach-based company has struggled to achieve annual profits in recent years.
Mooney, who quit his job at Disney in 2011, led that company’s licensing, retail and publishing businesses for 11 years. Under his watch, retail sales tripled to $36 billion. He has also held senior leadership roles at Nike.
“Andy is ideally suited to lead Quiksilver into its next phase of growth and profitability,” said James Ellis, Quiksilver’s presiding director.
Ellis said Mooney has a “proven background” in building consumer brands, developing marketing strategies and driving global growth.
Quiksilver sells sporty clothing for activities like snowboarding and surfing. It's reported annual net losses in recent years. The company reported a $10.8 million net loss in its 2012 fiscal year, ending Oct. 31. That’s compared to a $21.3 million net loss the year before.
Sales picked up 3 percent in its 2012 fiscal year to $2 billion.
Sponsored message
The company’s current CEO, Bob McKnight will become executive chairman. McKnight co-founded the company.
Quiksilver stock was trading at $4.89, up 36 cents on Friday.
You come to LAist because you want independent reporting and trustworthy local information. Our newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our connected community. We are free to tell the full truth, to hold power to account without fear or favor, and to follow facts wherever they lead. Our only loyalty is to our audiences and our mission: to inform, engage, and strengthen our community.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
Senior Vice President News, Editor in Chief
