Just when we thought it was almost too quiet at Billabong, comes news that former Billabong USA CFO Peter Bryant will “will steer an overhaul of the company’s reporting and operational structures,” with a title of group executive for commercial operations, according to a story in The Australian.
Chief executive Launa Inman has set out a strategy for the company to move from a regionally-based structure to a single global business. . . Mr Bryant, who has been with Billabong since 2004, was in December drafted to fill in for chief financial officer Craig White, who quit after the company delivered its third profit warning in 12 months.
Sounds like Bryant will be able to set things up nicely for Paul Naude (of VF Corp) if either should win the takeover war.
[Link: The Australian]