OTHER NEWS - June 5, 1992

OP Loses Another Executive: Another top executive of Ocean Pacific Sunwear Ltd., which filed for bankruptcy reorganization under Chapter 11 last week, said she is resigning to start her own design firm in Laguna Beach. Suzi Chauvel, OP’s executive vice president of design, is the fourth top executive to leave the Tustin-based surf-wear giant in recent weeks. The company has lost its chief executive officer, the president of its Newport Blue division and its marketing director. “I am not leaving OP for any other reason than I am excited about filling a niche in the market for an innovative, small design firm,” she said in prepared remarks.