Business
Kathmandu chief unexpectedly quits for top job at Austrade – Sydney Morning Herald
The chief executive of outdoor retail giant Kathmandu Xavier Simonet has unexpectedly quit his job to take up a new post as the new head of Austrade.
Mr Kirk acknowledged it was unusual to see private sector executives move into the public sector given the two are rarely compatible and often come with a pay cut, noting that Mr Simonet had a “real motivation” to make the move.
“He’s talked about his desire to have some part of his working life working for the public good, and these high-level jobs for which a private sector person is very well prepared for don’t come up very often,” he said.
Trade minister Simon Birmingham made the announcement…
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