Sharechat Logo

Icebreaker promotes Greg Smith to CEO, Fyfe to revert to non-executive chair

Tuesday 2nd May 2017

Text too small?

 Icebreaker has promoted Australasian manager Greg Smith to chief executive and says Rob Fyfe will become non-executive chairman of the merino wool clothing company.

 

 

Smith joined the company in 2013, having previously worked at Michael Hill International. The company was founded by Jeremy Moon, who handed the day-to-day running of the business to former Air New Zealand CEO Rob Fyfe in 2014. Interests associated with Moon now own almost 37 percent of the company, while Pencarrow Private Equity has a similar holding and smaller holders include Stephen Tindall's K One W One and Sam Morgan's Jasmine Investment Holdings.

 

 

Icebreaker said it has annual sales of $220 million, of which 86 percent were in offshore markets Its own outlets and e-commerce sales make up 32 percent of sales, according to the company's statement.

 

 

Fyfe said the company has spent the past four years positioning itself to respond to "evolving consumer preferences, changing buying patterns and the changing competitive landscape and Greg Smith has been integral in shaping our business strategies."

 

 

(BusinessDesk)



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar eases after another Brexit failure
SkyCity, Fletcher won't name their insurers
NZ stocks smacked by smelter review, SkyCity fire
No govt cash for Tiwai Point - Woods
Strong dairy exports narrow Sept trade deficit
Rio Tinto reviewing future of Tiwai Point smelter
SkyCity convention centre damages dispute murkier after fire
Air NZ ends LA-London service; 155 jobs at risk
Kiwi dollar up against UK pound on Brexit ructions
Contractor retentions regime a lemon, industry told

IRG See IRG research reports