Quicksilver names new CFO

HUNTINGTON BEACH, Calif. — Quiksilver, the manufacturer of outdoor sports apparel, has appointed Richard Shields as CFO, effective May 11. Shields will be responsible for all areas of the company’s finance and accounting on a global basis.

Robert McKnight, Jr., chairman of the board, CEO and president of Quiksilver Inc., commented, “We’re really pleased to welcome Rich into the Quiksilver family. His extensive corporate financial experience and proven track record in international operations, retail and manufacturing make him an ideal fit for our growing global business. Rich is an accomplished executive who we expect will make an immediate contribution to our pursuit of substantially improved financial performance, especially through our long-term growth initiatives and globalization efforts.”

Prior to beginning his tenure as chief financial officer of Oakley in 2005, Shields served as chief financial officer of Southwest Water Company, and served previously as chief financial officer at Day Software Corporation, Winfire Corporation and Frame-N-Lens Optical, Inc. Shields also served as international controller and finance director for the Americas for AST Research. Earlier he worked in corporate finance with Taco Bell Corporation after beginning his career at the public accounting firm Price Waterhouse.