New Role for Newcomb at Oakley

NEW YORK – Link Newcomb has resigned as chief operating officer and a director of Oakley Inc. to take a new part-time advisory role with the company as “senior advisor to the chief executive officer.”

Oakley said there are no plans to fill Newcomb’s post as COO and that all duties not covered under his new advisory capacity will be handled by Scott Olivet, CEO.

Newcomb will serve on a half-time basis with responsibility for the re-branding of the company’s Sunglass Icon retail chain and advisory capacities in the areas of finance, retail and international business.

Newcomb joined the Foothill Ranch, Calif.-based firm in 1994 as vice president of international sales and was promoted to COO in 1999.

In a statement, Newcomb said, “My new position allows me to continue to contribute to the company that is so special to me, while at the same time giving me the flexibility to pursue personal interests.”

Known best for its sunglasses, Oakley manufactures, licenses and markets apparel, accessories, footwear and other products in more than 100 countries. Sales for the 12 months ended June 30 were $691.1 million.