Oakley, Inc. announced that on June 3, 2005, Greg Trojan and Colombe Nicholas were added to the company's Board of Directors. Mr. Trojan currently serves as the CEO of House of Blues (HOB) Entertainment and its divisions, including House of Blues Music/Restaurant Venues. Ms. Nicholas, former president and CEO of The Anne Klein Company and Giorgio Armani Fashion Corp, is currently a consultant with Finaco Global Consulting.
“Throughout Greg and Colombe's careers, they have each demonstrated outstanding leadership capabilities in strategic vision, tactical execution and financial management for a diverse stable of companies,'' commented Chairman and Chief Executive Officer Jim Jannard. “Greg's significant brand management experience will contribute to the future growth of Oakley as we strive to meet ever-changing market and economic conditions, and maximize shareholder value.''
“Colombe's extensive experience in the fashion industry will provide an excellent asset as we continue our successful product diversification strategy and worldwide retail expansion,” continued Jannard. “We look forward to both of their valuable skill sets and individual contributions serving on our Board of Directors.”
Greg Trojan currently serves as the CEO of HOB Entertainment, Inc. and has been with the company since August 1996. Mr. Trojan began his career in 1981 as a management consultant with Andersen Consulting. In 1990, following four years as a management consultant for Bain & Company in Boston, he became a key member of PepsiCo Inc.'s planning and development team before assuming the position of president and CEO of the 77-unit California Pizza Kitchen chain in 1994. Mr. Trojan holds a Bachelor of Science degree from the Mclntire School of Commerce at the University of Virginia and an MBA from the Wharton Graduate School of Business.
Colombe Nicholas is currently a consultant with Finaco Global Consulting, which identifies domestic and international expansion opportunities and provides expert advice to companies that seek potential growth. From 1996 to 1999, she was president and CEO of The Anne Klein Company. She was president and CEO of Giorgio Armani Fashion Corp. from 1991 to 1993. Additionally, she also served as president of Christian Lacroix-USA (in tandem with Christian Dior). Ms. Nicholas is currently a board member for Tandy Brand Accessories, The Mills Corporation and Sola International. She also served as board member for Bank One, Leader Technology, Ashford.com and Lions Apparel.
The addition of Mr. Trojan and Ms. Nicholas, who each qualify as independent directors under the listing standards of the New York Stock Exchange, Inc. and the company's Corporate Governance Guidelines, brings Oakley's Board of Directors to seven members including: Tom Davin, Mary George, Jim Jannard, Link Newcomb and Mike Puntoriero. Mr. Trojan will serve on the Compensation and Stock Option, and Nominating and Corporate Governance Committees. Ms. Nicholas will serve on the Audit, and Nominating and Corporate Governance Committees. Each of the Board's committees continues to be comprised solely of the independent directors.
