Orange County Business Journal

Former Volcom CFO Joins Skullcandy Board

Kari Hamanaka Monday, July 18, 2011

The former chief financial officer of Costa Mesa-based Volcom Inc. is now on the board of trendy headphone maker Skullcandy Inc.

Skullcandy is based in Park City, Utah, with offices in San Clemente.

Doug Collier joined Scott Olivet, another recent addition to the Skullcandy board.

Olivet is executive chairman of Lake Forest-based Red Digital Cinema Camera Co., which was started by Oakley Inc. founder Jim Jannard.

Olivet had previously served as chief executive officer and board member for Oakley, a Foothill Ranch-based maker of sunglasses, goggles, prescription frames, apparel, shoes and accessories.

Skullcandy is considered part of the action sports industry because its headphone designs take inspiration from skateboarding, snowboarding, surfing and other action sports.

In January, the headphone maker laid out plans for a $125-million initial public offering.

Earlier this month, Skullcandy updated its IPO proposing to raise $182 million, according to documents filed with the Securities and Exchange Commission.

Collier left Volcom shortly after its sale to Paris-based PPR SA became final in June. He had spent 17 years at Volcom, from its days as a startup and through its initial public offering in 2005 and recent sale to PPR SA.

He most recently held the position of executive vice president, chief financial officer and secretary at Volcom, which makes clothing and accessories inspired by skateboarding, snowboarding, surfing, art and music.