Quiksilver appoints new chief

Quiksilver, the Californian group known for its surfwear, said yesterday it has hired former Disney executive Andy Mooney as its new chief executive. Mooney will take up his role next week replacing Quicksilver co-founder Bob McKnight, who will become executive chairman. Mooney resigned as chairman of Disney’s consumer products division last year after 12 years with the entertainment giant. He previously spent 20 years with Nike.