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By
Reuters
Published
Mar 23, 2009
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Deckers Outdoor CFO resigns

By
Reuters
Published
Mar 23, 2009

March 23 (Reuters) - Deckers Outdoor Corp (DECK.O) said its chief financial officer resigned to pursue other opportunities.



Deckers

The footwear maker's shares fell about 7 percent to $45, before recovering most of their losses to trade down 5 cents at $48.18 Monday morning on Nasdaq.

The company said Thomas Hillebrandt resigned, effective March 20, and named Chief Operating Officer Zohar Ziv -- Deckers' former CFO -- as principal financial and accounting officer until a replacement is appointed.

Last month, Deckers Outdoor posted fourth-quarter results that beat market estimates but forecast a weak 2009. (Reporting by Poojya Trivedi in Bangalore; Editing by Amitha Rajan)

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