Mr. Richard J. Shields, CPA has been the Chief Financial Officer and Principal Accounting Officer of Quiksilver Inc. since May 11, 2012 and June 6, 2012 respectively. Mr. Shields served as the Chief Financial Officer at Oakley Inc. since November 3, 2005 and served as its Principal Accounting Officer. Mr. Shields served as Chief Financial Officer and Assistant Secretary of Southwest Water Co. (which provides water related services and generates revenues in excess of $200 million) from October 2002 to April 11, 2005 and served as its Principal Accounting Officer until April 11, 2005. Mr. Shields served as the Chief Financial Officer of Day Software Holding AG from 2001 to 2002. Mr. Shields served as the Chief Financial Officer of Winfire, Inc. (the 7th largest broadband Internet Service Provider in the United States) from 1999 to 2001; Chief Financial Officer of Frame-n-Lens, Inc. (a privately held, $80 million, vertically integrated optical retailer) from 1996 to 1999. From 1988 to 1996 Mr. Shields served various finance management positions at AST Research, Inc. (a NASDAQ listed manufacturer and distributor of personal computers) including Director of the Americas Region Finance and the position of European Controller, located in London and was responsible for finance and accounting in 6 European subsidiaries - Italy, Switzerland, Germany, France, Spain, and England. He also served as international controller of AST Research. From 1985 to 1988, Mr. Shields served in various management positions at Taco Bell Corporation. Mr. Shields began his career in 1982 with Price Waterhouse and served there until 1985. Mr. Shields has a Master of Business Administration from the University of Notre Dame and a Bachelors of Arts in Business/Accounting from Eastern Washington University. He is a licensed certified public accountant in California and is an avid outdoor sports enthusiast.