KMD Brands chief financial officer Chris Kinraid will resign from his position effective December 2023, taking on the role of CEO at New Zealand group Hallenstein Glassons Holdings.
KMD is the parent company to Kathmandu, Rip Curl and Oboz, while Hallenstein is an New Zealand retailer of menswear and womenswear with 130 stores across Australia and New Zealand - 36 of which are in Australia.
Kinraid has been part of KMD Brands for the past nine years and held the CFO rule from mid-2019.
“The past nine years with KMD Brands has been amazing,” Kinraid said. “I’ve had the opportunity to work alongside a great team that’s transformed the business into the group of global brands it is today.
“I’m proud of what we’ve achieved, and I leave the Group in a strong position to take advantage of the many global growth opportunities. I look forward to seeing the momentum continue.
Kinraid wrote in a LinkedIn post that he is looking forward to taking on his new role at Hallenstein Glassons.
“[Its] a leading retailer with a proven track record of success and amazing potential,” he said. “I am excited to work with this high-performing team.
He was also reflective of his time at KMD Brands, thanking CEO and managing director Michael Daly and chairman David Kirk, along with other fellow colleagues Reuben Casey, Xavier Simonet, Mark Todd, John Harvey, Ben Washington and Brad Seaman.
“I’ve had the opportunity to work alongside a great team that’s transformed the business into the group of global brands it is today and I look forward to contributing as much as possible before I move to my new role.”
Daly thanked Kinraid for his contribution to the Group, “including his role in the growth of the Kathmandu brand and more recently the acquisitions of the Oboz and Rip Curl brands.
“While we will be sad to see Chris leave, we wish him the very best in his new role as a Chief Executive Officer.”
The process for appointing a replacement will commence immediately and KMD Brands will provide a further market update in due course.