Resignation of Kathmandu Holdings Group CEO Xavier Simonet

Kathmandu Holdings Ltd
kathmanduholdings.com
1
KATHMANDU HOLDINGS LIMITED

ASX / NZX / MEDIA ANNOUNCEMENT

30 NOVEMBER 2020


Resignation of Kathmandu Holdings Group CEO Xavier Simonet
Kathmandu Holdings is announcing today the resignation of Group CEO Xavier Simonet. After five
and a half years with the company, Xavier has decided to pursue another opportunity with the
Australian Public Service in a senior role, which will be announced shortly. Xavier will remain with
the company through his six-month notice period or until the Board decides to release him.
Chairman of Kathmandu Holdings, David Kirk, said:
“We are disappointed to lose Xavier, but understand his desire to take up a senior role in the
Australian Public Service, for which he is very well credentialled. We wish him well in the important
work he will undertake. Xavier has led Kathmandu Holdings through a period of growth and re-
positioning of the company. Kathmandu, Rip Curl and Oboz are three iconic brands which together
create a world class outdoor adventure company, diversified by geography, channel to market and
seasonality. Xavier will remain with us for up to six months while we undertake a comprehensive
search for his successor.”
Xavier Simonet said:
“I have had an awesome time at Kathmandu Holdings, where I have spent the last five immensely
exciting years. The Group has great brands, passionate teams and strong values. I am very grateful
to our teams, to the Board of Directors, to our shareholders and to my Chairman, David Kirk, for their
support.”
- ENDS -

This announcement has been authorised for release by the Board.

For further information, please contact:

Investors
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Market Eye
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Media
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