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Fly News Breaks for March 30, 2015
ZQK
Mar 30, 2015 | 08:37 EDT
After Quiksilver CEO Andy Mooney left the company, Roth Capital says Mooney departed because the board was dissatisfied with the company's somewhat weakened core wholesale account relationships and "internal cultural issues" at the company. The firm says that the new CEO has strong core account relationships and should help to restore the company's core wholesale relationships. Roth notes that the new CEO has 27 years of experience at the company, and the firm keeps a Buy rating on the shares.
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