RETAILING : Ocean Pacific Hires Its Consultant to Be Chief Executive Officer
- Share via
Ocean Pacific Sunwear Ltd. has hired its consultant as chief executive officer.
A press-shy Lee Katz took over Friday, with company co-founder Jim Jenks promoted to chairman. Katz will handle the Tustin apparel licenser’s day-to-day operations while Jenks will concentrate on developing new products, the company said.
Katz arrives in the wake of a failed deal by the privately held surf wear maker to sell itself to a Menlo Park investment group. Ocean Pacific is one of the largest marketers of surf wear--known for its OP swim trunks, Hydralight wet suits and Newport Blue apparel--in an industry hard hit by recession.
Katz is the former president of a cheerleading-uniform manufacturer and has served as a consultant to companies in fields ranging from communications to warehousing. He holds law and industrial management degrees. Other than that, the company won’t say much about him.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
