BROOMFIELD,
Colo., April 16, 2024 /PRNewswire/ -- Crocs,
Inc. (NASDAQ: CROX), a global leader in innovative casual footwear
for all, today announced the appointment of Terence Reilly as incoming Executive Vice
President and President for the HEYDUDE Brand. Mr. Reilly, 56, most
recently served as the President of the Stanley Brand where he
reshaped the century-old insulated drinkware brand into a must-have
brand of current culture. Prior to his time at Stanley, Mr. Reilly
served as the Chief Marketing Officer at Crocs, Inc., in addition
to holding various other marketing leadership roles. Mr. Reilly
succeeds Rick Blackshaw, who is
leaving the Company effective immediately. Mr. Reilly will join the
executive leadership team on April 29
and will report directly to Andrew
Rees, Chief Executive Officer.
"We are thrilled to be welcoming back Terence to
the Crocs, Inc. family," said Andrew
Rees, Chief Executive Officer. "Terence has had tremendous
success in creating and executing brand-building playbooks at both
Stanley and Crocs by leveraging iconic product, scaling awareness,
driving brand relevance and ultimately building communities. Having
previously worked alongside him, I am confident he is the right
person to lead the HEYDUDE Brand into its next phase of
growth."
"I am looking forward to joining the HEYDUDE
Brand as President," Terence Reilly
commented. "I see significant opportunity to further drive
awareness, desirability, and relevance to the HEYDUDE Brand and
will work together with the team to build a durable, profitable
growth brand over time."
Andrew Rees
continued, "On behalf of the Board of Directors and our leadership
team, we thank Rick for the passion and commitment he has shown
during his time with the Company. Over the last two years, Rick was
instrumental in building and professionalizing the HEYDUDE team and
scaling the brand domestically. We wish him well in his future
endeavors."
The Company expects to report its fiscal first
quarter on Tuesday, May 7, 2024
before the market opens. A separate press release has been issued
this morning with more details.
Terence Reilly has
more than 25 years of global marketing and operational experience
and has had a decorated career. Since 2020, he has held the top
spot at Stanley where he created and led the strategy that
propelled the brand's resurgence into a must-have icon. Prior to
Stanley, Mr. Reilly served in marketing leadership at Crocs, Inc.
from 2013 to 2020 culminating in the Senior Vice President and
Chief Marketing Officer role. Prior to 2013, he held various senior
level marketing and leadership positions. Mr. Reilly received his
Bachelor's degree in Communication from Rider
University.
About Crocs, Inc.:
Crocs, Inc. (Nasdaq: CROX), headquartered in
Broomfield, Colorado, is a world
leader in innovative casual footwear for all, combining comfort and
style with a value that consumers know and love. The Company's
brands include Crocs and HEYDUDE, and its products are sold in more
than 85 countries through wholesale and direct-to-consumer
channels. For more information on Crocs, Inc. visit
investors.crocs.com. To learn more about our brands, visit
www.crocs.com or www.heydude.com. Individuals can also
visit https://investors.crocs.com/news-and-events/ and follow
both Crocs and HEYDUDE on their social platforms.
Forward Looking Statements
This press release includes statements that are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended.
These include statements regarding future outlook
and contributions of new executives. These statements involve known
and unknown risks, uncertainties, and other factors, which may
cause our actual results, performance, or achievements to be
materially different from any future results, performances, or
achievements expressed or implied by the forward-looking
statements. These risks and uncertainties include factors described
in our most recent Annual Report on Form 10-K under the heading
"Risk Factors" and our subsequent filings with the Securities and
Exchange Commission. Readers are encouraged to review that section
and all other disclosures appearing in our filings with the
Securities and Exchange Commission.
Category: Investors
Investor
Contact:
|
Erinn Murphy, Crocs,
Inc. (303)
848-7005 emurphy@crocs.com
|
PR
Contact:
|
Melissa Layton, Crocs,
Inc. (303)
848-7885 mlayton@crocs.com
|
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SOURCE Crocs, Inc.