Quiksilver owner Boardriders has appointed a new CEO following confirmation that chief executive Pierre Agnès has gone missing at sea.
Dave Tanner, currently chief turnaround officer, will assume the role and its responsibilities with immediate effect.
Tanner had been scheduled to become CEO upon the business’s acquisition of Billabong later this year.
Current chief financial officer Thomas Chambolle will also assume responsibilities of interim president of EMEA immediately.
Greg Healy will remain global president and president of APAC.
Tanner said: “We are all are grief stricken over the sudden and tragic loss of our friend Pierre Agnes.
“At the same time, we are resolute and passionately unified in our commitment to honour Pierre’s memory and extend his legacy by driving the continued resurgence and growth of Boardriders.
“While it is impossible to replace Pierre’s spirit, we have filled our team with talented and creative professionals who will continue to nurture the company’s unique culture, build on our past successes, and deliver on our now even more meaningful collective mission.”