The PAS Group Limited announced Managing Director and Chief Executive Officer, Eric Morris, will retire during year 2019 and will be succeeded by Paul Burdekin, who has been appointed into the new role of Chief Commercial Officer. It is intended that Mr. Burdekin will transition to the role of Managing Director and Chief Executive Officer by July 2019 and a summary of the material terms of Mr. Burdekin's employment will be disclosed at this time. As part of this transition, Mr. Morris will remain on the Board as a non-executive director when the CEO succession plan is completed.

Mr. Burdekin was most recently with Billabong International, where he served as General Manager Asia Pacific, and previously was GM of Emerging Brands (including Tigerlily, Nixon, RVCA and VonZipper).