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The Inertia

Today, Quiksilver announced that its co-founder and CEO, Bob McKnight, will step down from his role at the helm of the action sports apparel company. Andy Mooney, a former executive at Disney, will replace McKnight, who will become Executive Chairman, beginning on January 11, 2013.

“I’ve been with the company for 35 years, and it’s the only job I’ve ever had,” McKnight told the Wall Street Journal. “It’s time to really take this to a bigger and better place.”

Mooney served as Disney’s chairman of consumer products under the brand Disney Princess, and before Disney, Mooney worked at Nike for twenty years, rising to the role of CMO.

This marks the first CEO leadership change for Quiksilver since McKnight took the role as CEO in 1991.

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