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ZQK > SEC Filings for ZQK > Form 8-K on 11-Feb-2013All Recent SEC Filings

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Form 8-K for QUIKSILVER INC


11-Feb-2013

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Tr


Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

(b). On February 11, 2013, Quiksilver, Inc. (the "Company") provided to the New York Stock Exchange (the "NYSE") a written interim affirmation notifying the NYSE that, due to the resignation of Paul Speaker from the Company's board of directors on February 5, 2013, only four of the Company's eight directors have been identified as independent. Accordingly, the Company's board of directors currently does not satisfy Section 303A.01 of the NYSE Listed Company Manual, which requires that the board of directors of a listed company be comprised of a majority of independent directors, each of whom satisfies the independence requirements set forth in Section 303A.02.

In order to cure the deficiency described in the previous paragraph, the Company has initiated a search for, and intends to appoint, an additional independent director to its board of directors in the next 60-90 days.



Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b). Paul Speaker resigned from the Company's Board of Directors on February 5, 2013.


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