RICHARDSON, Texas, March 12,
2025 /PRNewswire/ -- Fossil Group, Inc. (NASDAQ: FOSL)
("Fossil" or the "Company") today announced the appointment of
Randy Greben as Chief Financial
Officer, effective March 17. He
replaces Andrew Skobe, Interim Chief
Financial Officer. The appointment reinforces Fossil Group's
continued commitment to building its leadership team to drive
long-term profitable growth.
Greben will oversee Fossil Group's global financial strategy,
focusing on leading the organization's financial turnaround and
business transformation. With more than two decades of financial
leadership experience, Greben brings a strong track record of
business transformations – ranging from deep turnarounds to
high-growth strategies for a number of leading consumer brands.
"For decades, Fossil Group and its iconic global brands have
been part of the consumer experience," said Greben. "I am thrilled
to join the team at this pivotal time in the company's turnaround
to help advance their strategies and build long-term shareholder
value."
Greben most recently served as Chief Financial and Operating
Officer at Casper Sleep, Inc., where he strengthened the balance
sheet, led a successful sale process of the company's Canada business, and significantly reduced
overall costs. Previously, Greben was Chief Financial Officer and
Treasurer of the meal kit company Blue Apron, where he led
strategic actions including debt refinancings, capital raises, and
significant governance changes. He joined Blue Apron after serving
as Senior Vice President and Chief Financial Officer at apparel
retailer ANN Inc. where he oversaw corporate and brand finance. He
was responsible for several new business activations for the Ann
Taylor, LOFT, and Lou & Grey brands. Earlier in his career,
Greben served as Chief Financial Officer and General Manager at
Quidsi, a subsidiary of Amazon.com and a business best known for
its flagship websites Diapers.com, Soap.com, and Wag.com.
"We are thrilled to welcome Randy, who brings deep financial
acumen and operating expertise to the Company," said Chief
Executive Officer Franco Fogliato.
"Randy is a proven leader and change agent. His appointment will
add tremendous value to our team as we pursue our turnaround plan
and focus on value creation for all our stakeholders."
About Fossil Group, Inc.
Fossil Group, Inc. is a global design, marketing, distribution
and innovation company specializing in lifestyle accessories. Under
a diverse portfolio of owned and licensed brands, our offerings
include watches, jewelry, handbags, small leather goods, belts, and
sunglasses. We are committed to delivering the best in design and
innovation across our owned brands, Fossil, Michele, Relic, Skagen
and Zodiac, and licensed brands, Armani Exchange, Diesel, Emporio
Armani, kate spade new york, Michael Kors, Skechers and
Tory Burch. We bring each brand
story to life through an extensive distribution network across
numerous geographies, categories, and channels. Certain press
releases and SEC filing information concerning the Company are also
available at www.fossilgroup.com.
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SOURCE Fossil Group
