Quiksilver parent Boardriders has appointed Dave Tanner as its CEO, following the disappearance of Pierre Agnes last week.

Tanner, current chief turnaround officer, will assume the role and responsibilities of CEO effective immediately, after previously being scheduled to become CEO upon closing of the Billabong acquisition, expected to conclude later this year.

“We are all are grief stricken over the sudden and tragic loss of our friend Pierre Agnes,” said Tanner.

“At the same time, we are resolute and passionately unified in our commitment to honour Pierre’s memory and extend his legacy by driving the continued resurgence and growth of Boardriders.

Thomas Chambolle, current global chief financial officer, will assume the additional responsibilities of interim president of EMEA effective immediately.

Greg Healy will remain global president and president of APAC.

Boardriders also reaffirmed its commitment to complete the acquisition of Billabong International Ltd.

“As previously announced, the acquisition remains subject to a number of customary closing conditions, including shareholder, court and regulatory approvals,” Boardriders said in a statement.

The transaction is expected to close in the first half of 2018.

In January, Boardriders agreed to acquire its rival, Billabong International, after agreeing to acquire all of the shares in the company valued at $1.00 per share via a scheme of arrangement.

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