Resignation of Group Chief Financial Officer

ADMIN
Fri, Jul 07 2023 08:59 am

KMD Brands Limited
ASX / NZX / Media announcement

7 July 2023

KMD Brands announces resignation of Group Chief Financial Officer

KMD Brands Limited (ASX/NZX: KMD, “KMD Brands”) advises that Chris Kinraid has given notice of his resignation as Group Chief Financial Officer, with effect from December 2023, to take up a position as Chief Executive Officer with another NZX-listed company.

Chris Kinraid said, “The past nine years with KMD Brands has been amazing. I’ve had the opportunity to work alongside a great team that’s transformed the business into the group of global brands it is today. I’m proud of what we’ve achieved, and I leave the Group in a strong position to take advantage of the many global growth opportunities. I look forward to seeing the momentum continue.
I would like to personally thank Michael Daly for his support and guidance over the past three years.”

KMD Brands Group CEO and Managing Director Michael Daly said, “We thank Chris for his significant contribution to the Group, including his role in the growth of the Kathmandu brand and more recently the acquisitions of the Oboz and Rip Curl brands. While we will be sad to see Chris leave, we wish him the very best in his new role as a Chief Executive Officer”.

Chris will continue as Group CFO until the end of the calendar year. The process for appointing a replacement will commence immediately and KMD Brands will provide a further market update in due course.

ENDS

For further information, please contact:

Investors
Eric Kuret, Automic Markets
P: +61 417 311 335
E: [email protected]

Media
Carla Webb, KMD Brands
P: + 61422991654
E: [email protected]



Announcement PDF


Markets News

NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
Markets

Forsyth Barr initiates full Turners coverage

Forsyth Barr says a premium valuation is now warranted. 

Rebecca Howard 26 Jul 2024
Forsyth Barr initiates full Turners coverage
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
The kiwi dollar is falling prey to the bears