Quiksilver Americas President Marty Samuels Resigns
josh hunter
- January 12 2009
- 1,944 views
- 33 comments
After twelve years at Quiksilver, President of the Americas Region Marty Samuels announced his resignation today, January 12. Samuels’ reason for resigning was not included in the official press release, but he did offer this statement:
“I loved every minute of my time with Quiksilver, and I wish Bob and all the great people I’ve worked with the very best of luck.”
Craig Stevenson has been named interim President of Americas Region.
Here’s the press release:
Quiksilver Americas President Marty Samuels Resigns
Company Names Craig Stevenson Interim President of Americas Region
HUNTINGTON BEACH, Calif.–Quiksilver, Inc. (NYSE: ZQK) today announced that Marty Samuels has left the company. Samuels, who most recently served the company as President of its Americas region, had been with Quiksilver for twelve years. Craig Stevenson has been named interim President of Quiksilver Americas effective immediately. Stevenson has served Quiksilver in various roles of increasing responsibility over the past sixteen years, most recently as Global President of the Quiksilver Brand and President of Quiksilver’s South Asia Pacific business based in Australia.
Robert B. McKnight, Jr., Chairman of the Board, President and Chief Executive Officer of Quiksilver, Inc., commented, “I would like to thank Marty for his many contributions to Quiksilver over the last twelve years. Marty was instrumental to our growth during his time here, a period in which we’ve established ourselves as the leading action sports lifestyle company and we will miss him. We wish him the best of luck in his future endeavors.”
Samuels commented, “I loved every minute of my time with Quiksilver, and I wish Bob and all the great people I’ve worked with the very best of luck.”
Mr. McKnight continued, “As we work to better align our cost structure and improve the efficiency and execution of our global business, I am confident that Craig is the right person to lead the Americas team in this difficult environment. His many years of experience at Quiksilver and his intimate working knowledge of the brands, the products, the markets and our sales process uniquely qualify Craig to lead our Americas team back to our core businesses. Through his passion to ensure the authenticity and consistency of the Quiksilver brand around the world, Craig has been one of the principal contributors to our strong corporate culture. Craig has already earned the respect of his peers around the world as one of our regional Presidents and this appointment provides him with an even greater opportunity to be a deciding factor in our future success.”
Stevenson has been involved in the surf industry for 28 years and joined Quiksilver in 1992. In addition to his various operational roles including responsibilities in sales, marketing and merchandising, Stevenson was appointed to the Board of Directors of Quiksilver Australasia in 2001 and was appointed its Managing Director in 2002.
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January 12th, 2009 at 7:11 pm
It’s a sad day at Quiksilver.
January 13th, 2009 at 4:30 am
Marty is a man’s man! I’m sorry to see you go, but you had a great run and it’s time for a new era not only to Quiksilver but for the rest of the old regime in this industry. This is a great milestone foreshadowing changing of the guard. Out with the old and in with the new (but old in this case), but you have guys like Bob still leading the charge with fresh new ideas.
Good on you Marty!
January 13th, 2009 at 4:55 am
i niotice the stock has fallen a bit after this news.
January 13th, 2009 at 8:03 am
As DYLAN has sung “The times they are a changing!”
January 13th, 2009 at 9:49 am
Quik has sold DC for 800 Mio. to VF!
Wait a few days, and you will see a official press release.
I would suggest…strong buy on ZQK!
Maybe we will see Marty over there!
January 13th, 2009 at 10:33 am
In times like this, it’s EAT OR BE EATEN the young and strong will survive and the old will take a back seat.
Too many old guys in control got fat and lazy and thats part of why we are in the situaton we’re in.
The way we do business from now on will be alot different no doubt…
January 13th, 2009 at 11:40 am
Holy Toledo! Marty QUITS Quik??? That can’t be good at all! Seems that he saw the writing on the wall, and it was not good. Jeez man, the mood certaintly can’t be positive at their HQ! How could it after this news? I wish you well, Marty. I’m stunned!
January 13th, 2009 at 11:56 am
Wow, I just have to say as anyone that has worked for Marty would that it is a very sad day over at Quiksilver. You will be missed Marty. Good luck on your future endeavours.
January 13th, 2009 at 1:21 pm
vf bought dc? huh?
January 13th, 2009 at 2:49 pm
Yeah i guess after having a bloated salary for the past 16 years leaving quik with millions isnt a bad loss…As a matter of fact im taking a vacation..and when i return, laguna beach will have a street named after me.
January 13th, 2009 at 2:58 pm
So all you haters will be selling B.J.’s on the corner of Anonymous Street and Dumbass Blvd.
January 13th, 2009 at 5:18 pm
Big round of lay offs at Osiris. heard its been ruff over there after the T-Mag overthrow and korean factory takeover. I guess the korean owner doesnt think you need sales guys to sell shoes.
January 13th, 2009 at 9:19 pm
Who gives a crap really. Another fat overpaid kook douchebag who doesn’t surf takes a bow. Damn I am getting sick of really finding out who’s running this industry.Time for a change!
January 14th, 2009 at 9:23 am
I agree, like the song says ” You take a mortal man, and put him in control Watch him become of god, Watch peoples jobs aroll…it has been a “Symphony of Destruction” with old people in control of the world our jobs and our economy that are out of touch with todays world and generation. It’s time for a change!
January 14th, 2009 at 9:36 am
KILL YOUR PARENTS ! UNFORTUNATELY NOBODY DID BEFORE THEY HOOKED UP ; YOU GUYS ARE IDIOTS .
January 14th, 2009 at 9:41 am
MASSIVE DISCLAIMER : DO NOT ACTUALLY “KILL” YOUR PARENTS , IT IS FROM A TRUE AMERICAN AGENT OF CHANGE , NOT WHINERS , DOERS .
TURN DOWN “KILL” YOUR ALLOWANCE INSTEAD AND GET A JOB , THAT IS ACTION YOU CAN TAKE .
January 14th, 2009 at 9:44 am
What ? do you morons think your in line for a management job ? doubtfull !
January 14th, 2009 at 10:20 am
I can tell you for sure that is false. What the hell is “mio” anyway. And DC is not worth 800M if that’s what you’re talking about.
January 14th, 2009 at 11:17 am
It is a fact that a high percentage of those who work for Quik do not surf, and never have. What happened to the ORIGINAL concept that Quik was owned by surfers and managed by them as well? I would not go too hard on Marty…he did the best he could. He obviously saw the writing on the wall and rode his last wave out the front door voluntarily. Good for him!
January 14th, 2009 at 12:12 pm
Mio’s are the currency on Billy Bob’s and the moronic masses Planet Moronic-bubble , where everyone over 30 kills themselves for spawning more morons and every one under 10 kills themselves for being spawned by morons.
January 14th, 2009 at 2:43 pm
F8 of QS lies with the Aussies ….they started it and made it a sucess. maybe Craig being an Aussie can save it or with the real brains and hard core surfers the likes of like Bruce Raymond gone their F8 may be already sealed. The west coast USA mentality running QS needs to go…fast!
January 14th, 2009 at 8:56 pm
I still think quik rocks. They have amazing surfers, events and products. They will come out of this down time even better.
January 14th, 2009 at 9:41 pm
suck it easy quik!
January 14th, 2009 at 9:50 pm
Does the ‘dickfor stand’ for , Dick For breakfast , lunch and dinner or just dick for breath ?
January 15th, 2009 at 11:41 am
If surfers managed Quiksilver, it would not have become a 2+ billion dollar company
January 15th, 2009 at 12:26 pm
Qs is not a 2+billion dollar company more like a 1/4 of that now. Surfers ran it in a way that it did not need to become a 2 billion dollar company that was only interested in keeping bankers and institutional investors happy and ditch their core community. Well not only the investors and bankers have dumped them but the surf community is not feeling too much sympathy. I don’t want to see them go down but they have a lot of rebuilding to get back their surf cred and to do that and be a 2 billion dollar monster will be something to watch.
It failed last time. Sounds like Bob and Craig won’t be doing too much surfing now.
January 15th, 2009 at 3:16 pm
Yow! Did ya hear that Moody’s downgraded Quiksilver DEEPER into junk bond territory??? Yow…they are now listed as an SGL-4! That the lowest you can go! Nice knowing ya Quik! Here comes the fire sale…
January 15th, 2009 at 3:30 pm
Is that like double secret probation neidermeyer ?
January 15th, 2009 at 9:23 pm
We need to remember that it is very easy for people to talk about things they have little knowledge of when they do not have to show their face. Many of the comments on this website should be taken with a grain of salt.
As for Quiksilver and their business. Quiksilver not only promotes Quiksilver, but promotes the industry of Surf, Skate, Snow, and value of the people who work with the company as well as customers of their products.
BEst of luck to a great company and thank you for what you have and continue to do.
January 15th, 2009 at 10:37 pm
true that ! is trainspotter your first name or last , i am having trouble googling you . i keep getting a movie about junkies
selling their girlfreinds for smack .
January 16th, 2009 at 1:10 am
Layoff at Osiris? They seemed like a shoe string staff over there already! That guy that calls himself ‘The Wizard’ seemed like a total blowhard, don’t know if any of that is his fault. Too bad, there are some good people there.
January 16th, 2009 at 8:01 am
Just add water was awe inspiring.ShiteQuikite for life!HAng in their!keep up the good work
January 16th, 2009 at 10:35 am
Bob’s is a great guy. Quik just got out of hand. When Bill B. is calling shoot’s it’s only a matter of time before the core is lost. Its ran by a bunch of kooks from marketing and team managers who are old and out of touch. Good bye….