Launa Inman joins Billabong @ $1.3 million PA

Billabong International has appointed Launa Inman as Managing Director and Chief Executive Officer. Her total fixed remuneration will be $1.3 million per annum. She replaces Derek O’Neill.

Billabong chairman Ted Kunkel said Inman’s skills and depth of experience in retail, supply chain management, finance, strategic planning and brand marketing will be crucial to Billabong’s future growth. Inman has spent the past two months consulting with Billabong, following her retirement from Target Australia after seven years as managing director. Prior to Target, she was managing director of Office Works, the largest stationery and office technology retailer in Australia. She is also a member of the board of the Commonwealth Bank of Australia.

The board has also announced Paul Naudé, currently head of North America, will be appointed to the expanded role of president of three Americas, and will assume additional responsibility for the fast-growing South American market as well as the US and Canada. Naudé will continue to report to the CEO and will remain as executive director on the board.