Boarders announce leadership transition and appointment of Arne Arens as incoming chief executive

BEACH HUNTINGTON, Calif.;, February 3, 2021 / PRNewswire / – Boardriders Inc., a leading global sports and lifestyle company that designs, manufactures, and distributes branded clothing, footwear and accessories under the Quiksilver, Billabong, ROXY, DC Shoes brands. , RVCA, Element, and VonZipper today Arne Arens He will join the company as an effective new CEO March 1st. Arens take the leadership stick from the current Director Dave Tanner who resides on the Company’s Board of Directors. Tanner and Arens work closely together to ensure a smooth transition.

Arne Arens is a highly experienced global operator, activist and brand builder. Arne is from Netherlands, speaking five languages, and spent the last ten years at VF Corporation where he was recently President of Global Brand on the North Face, having previously held leadership positions for the brand in both Europe and the Americans. Prior to spending time at VF, Arens spent eight years at Nike where he held a number of marketing and commercial positions and led the company’s football business in Germany, Austria and Switzerland during a period of rapid growth. Earlier in his life, Arens was a management consultant and a professional baseball player. He is a mentor for start-up entrepreneurs in a number of industries and is also on the Board of the Conservation Federation.

Starting in 2015 and in partnership with Oaktree Capital Management, Dave Tanner they led the restructuring and transformation of the former company Boardriders Quiksilver, Inc. in addition to the construction of 2018 Billabong International, Ltd. Tanner and the Boardriders team then successfully $ 100 million of schedule collaboration ahead of schedule, established a significantly reduced global brand platform, and pivoted Boardriders to the e-commerce growth and promotion agenda. The Company has recently secured its continued financial stability with successful global refinancing following COVID.

Chief enters Arne Arens He said, “I am delighted to be joining Boardriders not only for the opportunity to lead its portfolio of world – class brands into their next growth phase, but also to work with his amazing and talented global team.As an advanced athlete and board player.I myself appreciate the passionate communities, culture and lifestyle that our brands represent.As an executive experienced action sports, I know this industry, its people, and markets and I am sure the best is yet to come for our brands.thanks Dave for his years of strong leadership on the company and the partnership, Oaktree and our Board of Directors for their continued trust and confidence, and my fellow Boardriders for the hard work so far – and importantly for the future io what we do create, together. “

“I am delighted that we have acquired a great talent like Arne to guide us into the next phase of our journey,” he said. Dave Tanner. “I am extremely proud of what our teams have achieved through our vision, passion and stamina in my five and a half years with the Company – the most challenging and rewarding part of my career to date. Together, we have overcome countless obstacles. defending our brands and their estates, they have built an unparalleled global platform for the action sports space, and have expanded these capabilities commercially to the global market. As a key investor and a continuing member of the Board, I look forward to working with Arne to continue to build on our success in the years ahead. The future of Boardriders is brighter than ever, and I thank all our global family for making that possible. “

Matthew WilsonThe Package Manager at Oaktree Capital Management said, “This is a great day for Boardriders and for our future. We greatly value Dave’s leadership over the years, and now we have another great new leader in Arne to carry the torch of progress even further. On behalf. all of us at Oaktree and the Board, I want to thank Dave for his incredible efforts and achievements with Boardriders, and express our joy at seeing what brings Arne’s talents are world-class for our future. “

About Boardriders Inc .:

Boardriders, Inc., is a leading sports and lifestyle lifestyle company that designs, manufactures and distributes branded apparel, footwear and accessories for Boardriders worldwide. The Company’s clothing and footwear brands represent a sedentary lifestyle for young people inspired by a passion for outdoor action sports. The brands Quiksilver, Billabong, ROXY, DC Shoes, RVCA, and Element have proven roots and heritage in surf, snow and skate. The Company’s products are sold in over 110 countries in a wide range of circulation, including surf shops, skate shops, snow shops, its owned Boardriders shops and other retail stores owned by the Company. , other specialized sources, selected departmental sources and through various e. – trading channels. For more information, visit our branded websites at www.quiksilver.com, www.billabong.com, www.roxy.com, www.dcshoes.com, www.rvca.com, www.elementbrand.com.

SOURCE Boardriders, Inc.

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