Kathmandu has announced with great sadness the death of chairman James Strong, who has held the position since the company dual listed on the ASX and NZX in November 2009.
With immediate effect, John Harvey has been appointed interim chairman of the board of directors of Kathmandu.
Commenting on the death of James Strong, John Harvey noted the critical role that he had played in the successful trans-Tasman float of the company, which was at the time a relatively small retailer seeking investor support during a difficult period for IPO’s.
“James’ contribution was very important to securing our initial listing,” Harvey said, “We have been very fortunate to have been guided by such an esteemed trans–Tasman business leader during our formative and successful first 3 years as a public company.”
Peter Halkett, Kathmandu’s CEO also commented: “James has been not only a great mentor but a staunch supporter of the brand and he will be sadly missed by all in the Company. I was always able to count on his full support during some challenging periods that Kathmandu has experienced as a public company. I have sincerely appreciated his honest and straight forward leadership of the Company, and I am very sad to lose him as my Chairman”.
John Harvey has been appointed interim chairman until Kathmandu’s 2013 annual general meeting, by which time the board envisages a permanent chairmanship will be determined.