Billabong CEO’s Quote Of The Day

by The Editors on January 9, 2013

Billabong CorpAfter a series of executive departures at Billabong (and Paul Naude’s leave of absence to attempt to buy the company) CEO Launa Inman has been getting some heat, according to a story in the Business Spectator. But that’s just the way things go, Inman says:

“Transformation is key for Billabong,” she said. “I’m sure there are people that don’t like to see the changes. . . They want the business to be what it was. I’m here to increase shareholder value. That’s my job. We have a lot of unhappy shareholders.”

Then again, maybe Launa Inman is just wrong.

[Link: Business Spectator]

Fred bear January 15, 2013 at 12:29 am

Maybe if you worried more about your customers you wouldn’t be in the mess you are currently in. Happy customers mean better sales bigger profits and then hopefully happy shareholders your problem is that you have more unhappy customers than unhappy shareholders

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