Randall L. Herrel has been named chief financial officer of Quiksilver Inc., a Newport Beach sportswear company. A. Lawrence Crowe, who was previously chief financial officer of the company, will continue in the capacity of vice president, secretary and director. Previously, Herrel was executive vice president and chief financial officer of Gale Hayman Beverly Hills, a cosmetic wholesale/retail company. From 1983 to 1988 he was employed by Merle Norman Cosmetics and served as chief financial officer from 1986 to 1988. Before that, he spent five years in management consulting with Touche Ross & Co.