Quiksilver CEO
Quiksilver CEO

French authorities have deployed boats and helicopters off the coast of southwest france to look for pierre agnes, the leader executive of sports clothing maker boardriders inc.

The determine of the quiksilver, roxy and dc footwear manufacturers — after his empty boat changed into determined washed ashore.

The port authority of the atlantic seaside metropolis of capbreton stated the search become released after agnes’ empty boat was found washed up tuesday in close by hossegor.

In a announcement, boardriders said that 54-12 months-antique agnes had long gone fishing on his “beloved” boat, as he regularly did inside the mornings, and that he had now not been heard from for the reason that.

The boardriders family and complete browsing international are devastated with the aid of this news,” the huntington seashore company stated. “we’re concentrating on running with the nearby authorities on the search and rescue attempt and helping pierre’s own family.”

Maritime authorities said boats and three helicopters had been concerned within the search.

The vicinity is known for severe, once in a while dangerous waves which can be prized by using surfers.

The speedboat belonging to sportswear maker quiksilver ceo pierre agnes lays ashore on the seaside of Pierre agnes’ boat washed up at the seaside of hossegor in southwestern france. (related press)

Consistent with agence france-press, agnes went out in his boat early tuesday and later told authorities that due to fog, he might return later than he’d to start with planned.

Quiksilver, recognised for its surfwear, changed into founded in australia however is now majority-owned via an american investment institution, oaktree capital management, and primarily based in california.

Agnes turned into the head of its france-primarily based european headquarters earlier than being named ceo of the whole agency in 2015. He is a french citizen and resident, but spent time at boardriders’ huntington seashore headquarters.

With demand for surfwear shrinking, quiksilver filed for bankruptcy eleven financial ruin protection months after agnes took the helm, then emerged in 2016. It changed its name to boardriders closing year.

Weeks in the past, it announced a deal worth $315 million to collect fellow surfwear enterprise billabong worldwide ltd.

Underneath the phrases of the deal, which turned into slated to shut within the first half of this yr, agnes changed into to come to be president of the combined organization and lead what boardriders referred to as “a good sized component” of the companies’ integration.

Dave tanner, currently managing director at oaktree and chief turnaround officer at boardriders, is ready to come to be the enterprise’s leader government as soon as the deal closes.

Boardriders is looking to amplify its presence foreign places. In an interview this month, tanner said the blended organizations generate much less than 40% of sales from north the usa.

Quiksilver CEO is missing
Quiksilver CEO

Pierre Agnes: Mystery of Quiksilver CEO’s Fate After His Empty Boat Washed Ashore in France.

Fears are growing over the fate of quiksilver ceo pierre agnes after the sportswear executive’s boat become determined washed ashore on france’s atlantic coast.

French government deployed three helicopters and two boats to search for agnes off the southwest coast of france after his boat become found empty, washed up tuesday at a browsing location north of biarritz, the related press said.

Associated: buyers in france fight to shop for diapers after nutella chaos Keep up with this tale and extra by means of subscribing now.

The leader executive of boardriders inc., the determine corporation for quiksilver, roxy and dc footwear, turned into closing seen commencing in his boat in treacherous conditions tuesday.

Agence-france presse said that agnes, fifty four, set out early inside the morning sending a message to port government that he turned into delaying his go back to shore because of thick fog. It’s far unclear if the frenchman set out alone or changed into with others.

Rtx18b8q (1) wellknown view of seaside suggests breaking waves alongside the ocean seaside the front in biarritz on the southern atlantic coast of france, february 6, 2014. Reuters/regis duvignau.

In a announcement, boardriders has stated agnes had long past out fishing on his boat as he frequently did within the morning and had no longer been heard from again. The vicinity is thought for its huge and sometimes risky waves, which have made it one of these surfing hotspot.

The boardriders circle of relatives and complete browsing world are devastated through this information,” the enterprise, based totally in huntington seaside, california, said. “we’re targeting running with the local government at the search and rescue effort and assisting pierre’s family,” it introduced.

Agnes became named ceo of quiksilver in 2015 and turned into formerly head of the enterprise’s france-based eu headquarters.

The corporation, majority-owned by the yank investment organization oaktree capital control, changed its call to boardriders last 12 months after the organisation filed for chapter 11 financial disaster.

Just weeks in the past the corporation introduced a $315 million deal to acquire rival surfwear company billabong global.

Anges was due to turn out to be president of the blended enterprise and feature what boardriders known as a “giant” position in the corporations’ integration.