Kathmandu has announced the completion of the Rip Curl acquisition, with the deal being concluded on October 31.
Following the completion, Reuben Casey – the former Kathmandu COO – has been appointed to CEO of the Kathmandu business effective today, November 01.
Xavier Simonet will remain as the group CEO of Kathmandu Holdings Limited – which includes the Kathmandu, Oboz and Rip Curl businesses – while Michael Daly will continue as the CEO of Rip Curl.
Chris Kinraid will continue as the Group CFO which now includes oversight of the Rip Curl business.
Simonet said that Casey has proven to be a valuable part of the Kathmandu business.
"Reuben has been a key contributor to the success of Kathmandu over the last few years.
"I congratulate him on his promotion and I wish him all the very best success as chief executive officer of Kathmandu."