KMD Brands Limited announced that Megan Welch has been appointed as the Chief Executive Officer (CEO) of Kathmandu. Megan will be based in Christchurch, Aotearoa New Zealand, at Kathmandu's Head Office, and takes over from Michael Daly, Group CEO and Managing Director of KMD Brands, who has been caretaking the role in addition to his role at the Group. Daly's role as Group CEO and Managing Director remains unchanged, and the incoming CEO will report to him.

With extensive global brand and product experience, Megan joins Kathmandu from Crocs where she served as Senior Vice President and General Manager Asia Pacific in Singapore. Having started with Crocs in its early days, joining pre-IPO, Megan has lived and worked in Europe, the US and Asia, and has a reputation for driving revenue and profit growth in the various leadership roles she has held during her tenure with the Crocs brand. Megan will take up the position of Kathmandu CEO effective from 7th August 2023.