On Friday, July 1, 2011 Volcom CEO Richard Woolcott announced that long-time Volcom CFO Doug Collier would be leaving the company. In an email sent to employees Woolcott said:
I want to let you know that after 18 great years with the company, Doug Collier has decided to retire from Volcom. Doug has been a friend and close ally since the early days, through years of crazy growth and through our life as a public company. I’m very stoked for him and fully support his decision to spend more time surfing and snowboarding with his wife and boys. . . While I will miss our daily interactions, he will always be part of the Volcom family. I wish him the very best, and have asked him to please save some powder for the rest of us!
Before anyone jumped in to say that PPR was moving its people into the VeeCo building, Wooly was quick to mention that Collier would be replaced by six-year Volcom finance team member Dave Unter. Wooly said:
Dave is a seasoned executive with strong experience, and we are excited he will be our financial steward as we enter this new phase for the company. Dave joined Volcom back in 2005 after a short time at Hot Topic and almost a decade at Deloitte and Touche LLP providing advisory, audit and assurance services for companies in the action sports and retail industries.
Congrats, to Doug and Dave. Seems like the perfect time for some to walk away and others to step up.
