Billabong’s new board addition

BillabongSurfing retailer Billabong has appointed Kim Anderson to its board of directors, confirmed in an announcement today.

Anderson is currently a non-executive director for online automotive site, Carsales, and marketing group, WPPAUNZ (a merger of STW Group and WPP). She also chairs the remuneration committees of both companies and up until early this year was CEO of Reading Room, Inc.

“Anderson brings extensive experience in the digital and e-commerce sectors and in the media and publishing industries, which will be valuable given the company’s omni and other projects,” said Ian Pollard, chair of Billabong.

“She also has experience as a board member of both listed and unlisted companies.”

Howard Mowlem, chair of the company’s HR and remuneration committee steps away from both roles, effective from tomorrow when Anderson begins her role.

Billabong’s earnings in the first half of 2016/17 are expected to be substantially lower than the previous corresponding period after poor weather dented sales in Australia and Europe.

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