Bob McKnight, the co-founder of Quiksilver, will retire as Executive Chairman of the Board of Directors on October 31, 2014. Andrew P. Mooney takes his place at the surf brand headquartered in Huntington Beach, California.
In 1969, Alan Green and John Law started Quiksilver in Torquay, Australia.
Their first products were wetsuits and boardshorts. In 1976, Bob McKnight and Jeff Hakman took the brand to the USA.
In two decades, the surf industry company became global and was publicly listed on the NYSE. In 2013, Quiksilver reported revenues of 1.81 billion dollars.
Bob McKnight co-founded Quiksilver in 1976.
He served as president from 1979 through July 1991, chairman and chief executive officer (CEOA) from August 1991 to January 2013, and executive chairman from January 2013 to the present.
"I believe now is the ideal time to transition into a non-executive role at Quiksilver," underlines McKnight.
"I have absolute confidence in Andy and his entire team, and I look forward to continuing to help guide the company as a member of the board of directors."
"As a significant shareholder, I am fully supportive of Andy's elevation to chairman and delighted with Pierre [Agnes] appointment as president."
"They are the perfect combination to lead this company into the future."
Bob received a B.S. degree in Business Administration from the University of Southern California.
Now that he is retiring, he will remain on the board but will no longer be involved in the daily operations.