.
As part of its transformation strategy, Billabong International Limited (ASX:BBG) has made several key appointments as due diligence into the company continues.
The surfwear retailer has appointed former Ten Network Holdings Limited (ASX:TEN) executive Peter Myers as its new Chief Financial Officer.
Billabong says Mr Myers has extensive experience in complex transactions.
The company has also appointed a new Head of IT and says four new executives will be also appointed for its global supply chain and operations.
Colin Haggerty will remain in the role as head of Americas while the takeover process continues, resuming his regular role as head of global retail.
A decision on whether a takeover will proceed is not expected until next month.
Billabong booked a net loss of $276.6 million in the 2012 financial year.
