Kathmandu CEO Reuben Casey departs
KMD Brands Limited, formerly known as Kathmandu Holdings, announced on Tuesday that Reuben Casey has resigned as Kathmandu brand CEO.
Casey joined the New Zealand-based Kathmandu in 2010 as group financial controller, before ascended the company ranks, serving in roles including chief financial officer and chief operating officer over his twelve-year tenure with the outdoorwear brand. He was appointed CEO of Kathmandu in November 2019, a role he held for nearly three years.
“It’s been a privilege being with Kathmandu for over 12 years and I thank all the team at
Kathmandu and KMD brands," said Casey.
"With such a passionate team culture, brand strength, desirable product offer and a blossoming international business, I have no doubt that Kathmandu will go from strength to strength.”
A reason for Casey's resignation was not given, nor was it indicated were he would be moving on to.
Michael Daly, KMD Brands CEO, will act as interim Kathmandu CEO while options for a replacement are assessed in the weeks ahead, the company said.
“Reuben has been an integral part of Kathmandu in his time with the brand serving as CFO, COO prior to being appointed CEO," said Daly. "He has built a strong brand leadership team and leaves Kathmandu well positioned for continuing growth. We wish Reuben all the very best."
KMD Brands, which also owns the U.S. footwear brand Oboz and surf brand Rip Curl, reported revenue growth of around 15.7% in its 2020-21 fiscal year ended July 2021, to AU$923 million (€584 million).
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