Tom George, the Chief Financial Officer of Oakley, Inc., Foothill Ranch, Calif., has resigned to pursue a new opportunity as the Chief Financial Officer of a private emerging growth company in San Diego.
George joined Oakley in October 1997. The move was made public February 11.
Until the company hires a replacement, Link Newcomb, Oakley's Chief Operating Officer, also assumes the responsibilities of the chief financial officer. Newcomb previously held the position of Oakley's Chief Financial Officer from July 1995 through January 1997, at which time he was appointed Chief Operating Officer. Newcomb has been a certified public accountant since 1984.
Oakley's 12-month net sales through December 31, 2004 totaled $585.5 million and generated net income of $41.6 million.
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