Home / Knowledge / News / Apparel/Garments / Billabong to appoint Scott Olivet as CEO
Billabong to appoint Scott Olivet as CEO
05
Aug '13
On 16 July 2013, Billabong International Limited announced that it had entered into commitment letters with the Altamont Consortium and GE Capital to provide a long term financing package for Billabong.

As part of that announcement, as a condition precedent to the significant investment by the Altamont Consortium, the Board of Billabong announced that it intended to appoint Scott Olivet as Chief Executive Officer and Managing Director of Billabong. It was also announced that Launa Inman would step down from her role as Chief Executive Officer and as a director of the Company.

The Company announces that consistent with the 16 July announcement, Launa Inman stepped down as Chief Executive Officer and as a director of Billabong effective at the close of business on Friday, 2 August.

Discussions with Scott Olivet regarding his appointment as CEO are continuing but have not been finalised as we await the outcome of the Takeovers Panel’s deliberations. This may take a week or more. In the interim Scott will act as a consultant and Peter Myers will be acting CEO.

Billabong also announces that Paul Naude has resigned from his positions as a director and employee of the company to pursue other opportunities. Paul most recently served as President Americas after a 15 year career with the Company.

Billabong International

Must ReadView All

Apparel/Garments | On 29th Mar 2017

Indonesian garment exports to remain stable in 2017: API

Garment exports from Indonesia are likely to remain stable this year...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Myanmar CMP garment exports to touch $2.2bn in 2017

Cutting, making and packaging (CMP) garment exports from Myanmar are...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search