Key Billabong staff head for exit as takeover talks drag on BILLABONG International is struggling to retain key staff as takeover talks drag on, with senior designer Mandy Fry and Sector 9 founder Steve Lake the latest to exit the besieged group. The Los Angeles-based Ms Fry, design director of the award-winning Billabong Girls brand for the past 10 years, left this week to take up a job with rival Volcom.