Kathmandu has appointed Chris Kinraid as chief financial officer as the New Zealand-based company makes a change it hopes will help it expand internationally.
The outdoor clothing and equipment retailer said Tuesday it was splitting the previously combined CFO and chief operating officer roles, with Reuben Casey continuing as the latter with additional responsibilities.
The appointment of Mr Kinraid, who will also become company secretary, takes effect immediately.
The company said the move was “part of a structural change aimed at enhancing its focus on international expansion while continuing to strengthen its Australasian operation”.
Kathmandu acquired US hiking boots wholesaler Oboz last year in a deal chief executive Xavier Simonet said gave the company two brands “with significant growth potential in North America and Europe”.
Kathmandu shares on the ASX were down 2.39 per cent to $2.04 at 1100 AEST amid an overall decline in the Australian share market.