RETAILING
Quiksilver Names New Retail Exec
Another former Disney executive was hired by surf giant Quiksilver Inc.
Steve Finney joined Quiksilver as senior vice president and general manager of consumer direct for its Americas division. Finney formerly served as senior vice president of global business development for retail atDisney Consumer Products.
He follows Andy Mooney, former Disney Consumer Products chairman, who was named president and chief executive of the Huntington Beach, Calif.–based Quiksilver at the beginning of the year.
Finney takes the place of Paul McAdam, who resigned. McAdam joined Quiksilver in December 2011 after serving as chief executive officer of AllSaints North America.
In a March 7 statement on Quiksilver’s first quarter for its fiscal 2013 year, Mooney said net revenues declined, in part, due to “disappointing performances in our wholesale channel and in the Americas region.”
The Americas region’s net revenues declined 9 percent to $186 million in the first quarter in 2013 compared with the same quarter the previous year. Net revenues for the entire company were $431 million, down 3 percent compared with the previous year, according to a Quiksilver statement.
Expect more changes at Quiksilver. Mooney said the company is actively recruiting a chief marketing officer.
