OCEAN PACIFIC CHIEF EXEC STEPS DOWN
IRVINE, Calif. — Ocean Pacific Apparel Corp. said Thursday that John Warner was leaving the company as chief executive officer. His duties are being assumed by chairman James A. Skelton, while a search is made for Warner’s successor.
Skelton said Warner has announced no plans and will still be available for consultation. Warner was not immediately available for comment.
The company also announced that Paul DeSimone has joined the firm in the new post of executive vice president of sales and will be responsible for the management and direction of OP’s national sales effort. Most recently, DeSimone was national sales manager at Bugle Boy Industries.
Glen Farraye, OP’s national sales manager, will continue his current account responsibilities and report directly to DeSimone.
During the transition to a new ceo, OP’s board has created an office of the president, including Skelton, DeSimone and John Lawton, executive vice president of merchandising.
In a statement, Warner said that since emerging from bankruptcy almost three years ago, OP has successfully completed its restructuring and returned to profitablity.
The firm licenses its trademarks for sportswear, footwear and accessories internationally.