GLB 3.95% $6.31 globe international limited

big run next week. get ready now!!, page-9

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    This Goblin?

    Date: 17/7/2003
    Author: Simon Evans
    Source: The Australian Financial Review --- Page: 15
    Troubled Australian leisure and skatewear products group, Globe, has lost its US-based Kubic Marketing CEO. Frank Messmann, who was also president of the underperforming skateboard group, is believed to have resigned in mid-July 2003. Matt Hill, one of the two brothers who together hold 60 per cent of Globe's shares, is believed to have taken over Messmann's role on a short-term basis. Matt and Stephen Hill have been restructuring Globe's US operations. Meanwhile, Globe's acting CEO, Michael Sonand, has upset market speculation by saying a Melbourne retailer, Solomon Lew, has not approached the company about buying a stake in it.
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