Billabong Is All Boardriders’ Now

by The Editors on April 24, 2018

Tuesday April 24, 2018 is the day that Boardriders, Inc. (Oaktree Capital’s action fashion brand holding company) officially takes the reigns at Billabong. The company has wasted no time waving bye-bye to Billabong’s board of directors and others including Neil Fiske, Peter Myers, Tracey Wood, Jim Howell, Mara Pagotto, and Paul Burdekin. But that list is sure to get much longer of the next few weeks. And presented their list of new “appointments.”

“Today marks the beginning of what will be a turning point for our industry,” said Dave Tanner, Chief Executive Officer of Boardriders Inc. “With the combination of Boardriders and Billabong, we bring together the best of both companies, creating a dynamic enterprise under the Boardriders umbrella.”

At least we can agree with Dave on the whole “turning point for our industry” thing. Which way its turning will be up for discussion for years. We are happy to say that we still know two people at the new mega corp. If you’d like to check the list for your friends, please follow the jump.

Boardriders Completes Billabong Acquisition, Creating World’s Leading Action Sports Company

HUNTINGTON BEACH, Calif., April 24, 2018 /PRNewswire/ — Boardriders, Inc., a global action sports and lifestyle company that owns and operates Quiksilver, Roxy and DC Shoes brands, announced today that it has completed the acquisition of Billabong International Limited. The combination of these two businesses creates the world’s leading action sports company with sales to over 7,000 wholesale customers in more than 110 countries, owned e-commerce capabilities in 35 countries, and over 630 retail stores in 28 countries.

The acquisition brings some of the most coveted brands in the industry to the Boardriders family, including Billabong, RVCA, Element, VonZipper, Xcel, Kustom and Palmers.

“Today marks the beginning of what will be a turning point for our industry,” said Dave Tanner, Chief Executive Officer of Boardriders Inc. “With the combination of Boardriders and Billabong, we bring together the best of both companies, creating a dynamic enterprise under the Boardriders umbrella.”

Boardriders is dedicated to respecting and nurturing the heritage of each of its historic brands. The integration of the companies will be a multi-year process and is being managed by a combination of executives from both companies, empowering their iconic brands and driving growth across the globe.

Advisors and financing:
SCOPE Advisors LLC served as lead financial advisor for Boardriders. Macquarie Capital, BofA Merrill Lynch, and Deutsche Bank Securities Inc. also served as financial advisors to Boardriders. Kirkland & Ellis LLP and Gilbert + Tobin served as legal counsel to Boardriders. Deutsche Bank Securities Inc., BofA Merrill Lynch and Macquarie provided acquisition financing to Boardriders. Goldman Sachs served as financial advisors to Billabong. Allens served as legal counsel to Billabong.

Boardriders, Inc. Announces Go-Forward Leadership Team

HUNTINGTON BEACH, Calif., April 20, 2018 /PRNewswire/ — Boardriders, Inc., a global action sports and lifestyle company that owns and operates the Quiksilver, Roxy and DC Shoes brands, is scheduled to close the acquisition of Billabong International Limited on April 24, 2018. In preparation for the close, Boardriders today announced the leadership team that will guide the Company’s growth across the globe.

Dave Tanner, Chief Executive Officer of Boardriders, said the following appointments take effect after the closing of the Billabong transaction:

* Greg Healy, Global President, President APAC, Board of Directors responsibilities
* Shannan North, Global President, Billabong and Retail Strategy, Board of Directors responsibilities
* Joe Scirocco, Chief Financial Officer
* Thomas Chambolle, President EMEA
* Jean Louis Rodrigues, General Manager Wholesale EMEA
* Nate Smith, President Americas
* Dan Levine, Chief Brand Officer
* Garry Wall, Global General Manager Quiksilver
* Emilie Souvras, Global General Manager Roxy
* Mike Jensen, Global General Manager DC Shoes
* Kevin Meehan, Global General Manager RVCA
* David Brooks, Global General Manager Element
* Ilene Eskenazi, Chief Human Resources Officer and Global General Counsel
* Julie Ott, Chief Operating Officer
* Mike Yerkes, Chief Logistics Officer
* Nico Foulet, Chief Information Officer
* Sonia Lapinsky, Chief Integration Officer

Mr. Tanner said: “Our new leadership team is a combination of seasoned global talent from Boardriders, Billabong and from outside the organization. This team will lead the integration of two great companies, creating the world’s leading action sports company. I am particularly excited to announce the elevations of Greg Healy and Shannan North, who bring significant industry experience and will be instrumental in leading our global growth with their new Board responsibilities.”

Mr. Tanner added: “We want to thank Neil Fiske, Peter Myers, Tracey Wood, Jim Howell, Mara Pagotto, Paul Burdekin and the Billabong Board of Directors for their dedication to the success of Billabong, its people and heritage. While they will be transitioning from their roles, we greatly appreciate their partnership throughout this transaction and the strong organization and legacy they leave in their wake.”

About Boardriders, Inc.:
Boardriders, Inc., is the world’s leading action sports and lifestyle company that designs, produces
and distributes branded apparel, footwear and accessories for Boardriders around the world. The Company’s apparel and footwear brands, represent a casual lifestyle for young-minded people who are inspired by a passion for outdoor action sports. The Company’s Quiksilver, Billabong, Roxy, DC Shoes, RVCA, Element, VonZipper, Xcel, Kustom and Palmers brands have authentic roots and heritage in surf, snow and skate. With approximately 10,000 team members globally, the Company’s products are sold in more than 110 countries in a wide range of distribution, including surf shops, skate shops, snow shops, its proprietary Boardriders stores and other Company-owned retail stores, select department stores and through various e- commerce channels. For additional information, please visit our brand websites at www.quiksilver.com, www.billabong.com, http://www.roxy.com ,www.dcshoes.com, www.RVCA.com, www.elementbrand.com, www.us.vonzipper.com and www.xcelwetsuits.com.

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