This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Quiksilver, Inc. CFO Joe Scirocco To Resign

Quiksilver Inc. (NYSE:ZQK) today announced that Joe Scirocco, the company’s corporate Chief Financial Officer, has decided to leave the company to pursue other interests. Scirocco, who has served as CFO of Quiksilver, Inc. since April 2007, plans to continue in his current role for a period of time while the company performs a search for his replacement and to enable a smooth transition.

Robert B. McKnight, Jr., Chairman of the Board, Chief Executive Officer and President of Quiksilver Inc., commented, “Joe came to Quiksilver at a time in his life when he was looking for a new challenge and he inherited an extremely difficult financial situation. This period coincided with the onset of the global financial crisis and our pressing need to refinance our business. Joe helped lead us through this process and put the company on the solid financial footing we enjoy today. Joe recently decided to take this opportunity to look for the next challenge in his career and, with mixed emotions, we support him in this effort. Joe continues to believe deeply in Quiksilver’s ambitions and he will always be a part of the Quiksilver family. We want to wish Joe the best of luck in his future endeavors and thank him for his many contributions to our success.”

The company also announced that it remains on track to deliver on its long-term objectives to substantially increase its revenues and profits, consistent with its most recent earnings announcement on December 15, 2011. Additionally, the company plans to present at next week’s 14 th Annual ICR XChange Investor Conference in Miami Beach, FL. Quiksilver’s presentation will be webcast live at 1:35pm Eastern Time on Thursday, January 12, 2012, and a link to the webcast will be available at www.quiksilverinc.com.

About Quiksilver:

Quiksilver Inc. (NYSE:ZQK) is the world’s leading outdoor sports lifestyle company, which designs, produces and distributes a diversified mix of branded apparel, footwear, accessories, snowboards and related products. The company’s apparel and footwear brands represent a casual lifestyle for young-minded people that connect with its boardriding culture and heritage.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs