Billabong appoints acting CEO

Peter Myers named interim chief, Paul Naude retires as director.

Billabong International Ltd has appointed Peter Myers as acting chief executive officer, as the group awaits a green light from the Takeovers Panel to finalise Scott Olivet's appointment.

In a statement to the Australian Securities Exchange, the group said discussions with Mr Olivet were continuing and he would act as a consultant in the interim.

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