Thursday, February 17, 2011

Who is VonZipper?


Von Zipper is owned by Billabong, INC. making Derek O'Neill the CEO. Other figure heads include Ted Kunkel, Tony Froggatt, Margaret Jackson, and others. They are all apart of the organizational and committee structure, with three Committees making up the entire force. They include Auditing, HR and Remuneration, and Nominations with all board members being included in all Committees.

Von Zipper only retains about 7 full time employees, with the manufacturing of their products outsourced to companies in Austria. They do however sponsor pro surfers, bmx riders and snowboarders like Taj Burrow, Joel Parkinson, Josh Kerr, Donavon Frankenreiter, Monyca Byrne-Wickey and many many others. I would definitely consider these members as a part of the Von Zipper staff because they represent the company through and through with their extreme skill in the water, on the snow, and in the air.


Although there aren't any specifics on Billabong's balance sheet/income statement about Von Zippper, I was able to find information about their net assets and brands consolidated. In 2010, $1,187,000 went to intangible assets with the same amount going in 2009 as well.

The only problem I feel myself encountering with Von Zipper in this project is that a lot of their information is masked by the over arching Father, Billabong. It is however important to understand where the company who owns VeeZee is headed, but that being said I wish they included the sunglasses and goggles manufacturer.

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