Globe International has appointed Matt Hill as chief executive officer of the company. Mike Sonand, Globes former chief executive officer, will be appointed as chief operating officer and will report to Hill. Matt is the younger brother of Globe founders, Stephen and Peter Hill, and has been based in the U.S. for 10 years, most recently running the Globe U.S. subsidiary.
“Following the companys return to profit, directors are of the opinion that as major opportunities for future growth will be in the northern hemisphere, it is appropriate to appoint a CEO who has extensive international, as well as Australian experience,” said Globe chirman Paul Isherwood.
Mr Isherwood said “Since his appointment 18 months ago, Mike Sonand has done an excellent job as the CEO of Globe and the recent results are a direct outcome of the efforts of Mike and his team in substantially restructuring the business over recent months.
“Matt Hill, an active skateboarder, has worked for the company for over 15 years, with his first six years with the company being spent in Australia.”
“During this period, Matt has overseen the establishment of Globe in the northern hemisphere and has been intricately involved in the development of all company brands. Over the last 12 months Matt has been heavily involved in the resurgence of Globe brands in North America and has also had responsibilities for the international strategic development and expansion of the group.
“Matts international experience within the company and the industry, his knowledge of brands together with his considerable marketing expertise, and understanding of the culture will ensure that Globe can continue to grow across all regions.
“Matt will share his time between our North American, European and Australasian operations as required. There will be no job losses or significant restructuring as a result of this decision,” Mr. Isherwood said.
Commenting on his appointment Matt Hill said, “The values that helped establish Globe as an aggressive entrepreneurial brand creator in the board sports and streetwear apparel market are values that I fully understand.
“With the sound base that has been created and with the strength that comes from our outstanding employees, I am looking forward to the task of further building the company and growing shareholder value.”