Quiksilver CEO Pierre Agnès is lost at sea

Jon Howard
January 31, 2018

A massive search was underway off the coast of France Tuesday for Pierre Agnes, the CEO of American retail sportswear company Quicksilver, after his powerboat washed up on a beach during rough weather conditions.

In a statement, Boardriders said, "Early this morning our CEO, Pierre Agnes, did what he did many mornings and went fishing on his beloved boat to start his day".

According to the World Surf League, Agnes left Capbreton Harbor at 7.30am on Tuesday and his boat was found two hours later.

Before the boat was found, the 54-year-old sent a message to port authorities saying his return was delayed due to the fog, The Sydney Morning Herald reported.

Quicksilver recently changed its name to Boardriders, regrouping its other brands including surf and snowboard women's brand Roxy and skateboard footwear brand DC Shoes.

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Quiksilver, which was founded in Australia, makes clothing for surfers and surfing aficionados.

Boardriders, which is 85-percent controlled by USA private equity firm Oaktree Capital, owns the Quicksilver, Roxy and DC Shoes brands.

The missing exec joined Quicksilver, an Australian surfwear brand now based in the USA, almost 30 years ago and working out of the European headquarters near Biarritz.

A United States investment group, Oaktree Capital, controls Boardriders and already owns 19% of Billabong.

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