Hallenstein Glasson has lured a senior executive from KMD Brands as its new group CEO, who will start at the end of the year. 

Chris Kinraid, currently the group CFO at KMD Brands, will succeed Stuart Duncan, who announced his departure in May. 

Kinraid has also announced his resignation from KMD Brands, effective from December.

Kinraid has helped lead KMD Brands for the past nine years, including working on the execution of high-profile acquisitions of Rip Curl in 2019 and Oboz in 2018, as well as navigating KMD Brands through the pandemic retail and business environment.

“We are looking forward to the contribution Chris will make to the business,” said Warren Bell, chairman of Hallenstein Glasson.

“In addition to his wide retail and commercial experience, he understands the DNA of our brands which will be a significant advantage.”

Kinraid formerly worked in senior commercial finance roles at Tait, Cadbury, and Alliance Boots. He started his career with PwC New Zealand.

Kinraid is now based in Melbourne but will relocate to Auckland, New Zealand.

In May, KMD Brands reported sales growth across all brands during the third quarter.