For the month of August, Transworld Business spoke with a number of industry heavyweights who are no strangers to riding out tough economic times to get their advice on surviving the troughs. Here’s what we found out.

Chad DiNenna, Co-Founder and Director of Marketing for Nixon, was elected Vice President. Former Vice President Paul Naude, CEO of Billabong USA, moved to the Senior Advisory Board and will continue to be influential in SIMA as Chairman of the Environmental Fund.