RESIGNATION OF DIRECTOR
GOLD COAST, 8 September, 2015: Billabong International Limited (“Billabong” or the “Group”) has received the resignation of Director, Matthew Wilson. Mr Wilson has decided to resign due to a potential conflict in Oaktree’s investment portfolio. Thomas Casarella as an Alternate Director for Mr Wilson has therefore also resigned.
“On behalf of my fellow Directors I would like to acknowledge and thank Matthew Wilson for his contribution,” said Billabong Chairman Dr Ian Pollard. “Having joined the Board in November of 2013, Mr Wilson steps down with Billabong having just reported its first full-year profit in five years.”
“Mr Wilson and Oaktree are strong supporters of Billabong’s turnaround strategy, which the Board and the Group remain focused on implementing,” said Dr Pollard.
