KMD Brands shares climb as new CFO unveiled
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More news: Shares in apparel group KMD Brands rallied today after the Rip Curl and Kathmandu owner named Qantas executive Carla Webb-Sear as its new chief financial officer.
KMD shares were up 6.5% to 24.5 cents at 2pm AEST, having dropped 37% since the turn of the year.
KMD Brands picks Qantas exec Carla Webb-Sear as new CFO
The news: Rip Curl and Kathmandu owner KMD Brands has appointed Qantas executive Carla Webb-Sear as its new chief financial officer.
The context: Webb-Sear will join the group's executive team in the first week of August. She previously held leadership roles at ViacomCBS, Enero Group and Fairfax.
What they said: "Carla's expertise and proven track record of unlocking value, agile transformation and disciplined financial management will be invaluable as we navigate a dynamic global market," said KMD CEO and managing director Brent Scrimshaw.
The source: ASX
