Quiksilver has appointed a French executive with an impressive resume to its board of directors.
Franck Riboud is currently Chairman of the global food products company Danone, maker of Dannon yogurt, Evian water and many other products. He joined Danone in 1981, eventually serving as CEO from 1996 to 2014.
Riboud also serves on the board of Renault, Rolex, and Bagley Latinoamerica.
With Riboud’s appointment, the new Quiksilver has expanded its board for directors to five seats from four.
Other members of the board include Matthew Wilson, Dave Tanner and Tom Casarella of Oaktree Capital Management, which owns Quiksilver, in addition to Quiksilver CEO Pierre Agnes.
In press release, Pierre said, “We are thrilled to welcome Franck to our board. With over 35 years of retail and consumer experience at the executive and board levels, Franck brings a breadth of expertise and deep understanding of our industry to the Quiksilver Board. We look forward to leveraging his extensive experience to advance our ongoing transformation efforts.”
Riboud said: “Quiksilver’s three iconic global brands—Quiksilver, ROXY, and DC Shoes—are well positioned to defend their leadership positions within the changing action sports retail industry. I am excited to join Quiksilver’s Board at such a pivotal time, as the company builds on the success it has had in the first phase of its turnaround. I look forward to working alongside the rest of Quiksilver’s Board and management team to accelerate the company’s progress in extending the reach and relevance of its leading brands and achieving operational excellence.”
