Oakley's Jannard Steps Down
Jim Jannard, chief executive officer of Foothill Ranch, Calif.–based Oakley Inc. announced plans to step down from the company he founded in 1975. Scott Olivet has been named director and chief executive officer in Jannard’s place. Olivet’s reacute;sumeacute; includes executive spots at Nike Inc. and Gap Inc. Oakley’s sunglasses, performance apparel and accessories are sold in more than 100 countries worldwide.