BROOMFIELD, Colo., Dec. 18,
2023 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a
global leader in innovative casual footwear for all, today
announced that John Replogle and
Neeraj Tolmare have both been appointed to its board of directors,
effective January 1, 2024. The new
appointees will bring new skill sets and extensive brand building
experience in consumer facing businesses to the Crocs
board.
Mr. Replogle brings decades of global leadership positions at
major consumer brands like Seventh Generation, Inc., Burt's Bees,
Inc., Unilever's Skin Care division, and Diageo, Plc. He currently
serves as a member of the board of directors of two public
companies (Grove Collaborative, Inc. and Wolfspeed, Inc.) and
previously served on the public company board of directors for
Sealy Corporation.
Mr. Replogle is also a Founding Partner of One Better Ventures,
LLC, a venture capital firm focused on investing in
consumer-centric businesses that have a positive impact on the
world.
"I'm delighted to join the Crocs board and steward one of the
more innovative footwear companies today," said Mr. Replogle. "The
organization has a thriving and inclusive culture that has fueled
the iconic Crocs brand in markets around the globe, and which will
have significant impact on the HEYDUDE brand as it scales globally.
Having built a career growing and leading purpose-led consumer
brands, this opportunity is unparalleled."
Mr. Tolmare has more than 20 years of experience in leading
technology teams and digital transformation initiatives across
diverse industries. He currently serves as Global Chief Information
Officer for The Coca-Cola Company, where he has built and led teams
to modernize a legacy network and infrastructure footprint and to
improve the organization's global technology maturity. He also
serves on the board of Morehouse School of
Medicine in Atlanta as well
as the Georgia Tech Research Institute, Center for Development and
Application of Internet of Things.
Prior to his current position, Mr. Tolmare worked at both
Fortune 50 companies such as HP Inc., Cisco Systems as well as at
startups like Palm Inc. In these companies, he held various roles
to lead global technology, data and ecommerce functions to support
double-digit growth for their online businesses.
"The opportunity to join the board at Crocs, Inc. is a perfect
fit with my principles and values, and my passion to work for
brands that are deeply entrenched in the society we live in and
connect on a personal level, with a global audience," said Mr.
Tolmare.
"I am delighted that these two outstanding individuals are
joining the Crocs board of directors after an extensive search
process. Throughout his career, John has been a driving force in
stewarding healthy, transformative growth while enhancing corporate
social responsibility measures at many respected consumer-facing
global organizations," said Thomas
Smach, Chairman of the Board of Crocs, Inc. "Neeraj brings
outstanding and highly relevant global leadership expertise to the
board as Crocs evolves its approach to digital transformation for
global operations optimization," said Smach. "His distinctive
ability to elevate business practices and successfully scale online
growth through technological advancement will lend guidance to
create lasting impact. We look forward to their contributions to
the board."
Crocs, Inc. Chief Executive Officer, Andrew Rees, added: "I am thrilled to be working
with these two world class executives and leaders. John has long
been a respected and innovative leader for strong consumer brands
with a strong determination to put people and planet first, and
Neeraj's terrific experience elevating business through technology
will help us to identify and solve for the next wave of
opportunities in digitization and automation for scale. Their
combined experience and relevant skill sets will undoubtably add
immense value to our board as we guide the future of the company
and work to create impactful change for long-term, sustainable
growth."
Mr. Replogle started his career at the Boston Consulting Group
and holds degrees from Harvard Business
School and Dartmouth College.
Mr. Replogle previously served as a director of Sealy Corporation
from 2010 to 2013. Given his strong leadership and expertise in the
area, Mr. Replogle will join the board's Environmental, Social and
Governance Steering Committee.
Mr. Tolmare holds degrees from the University of Chicago Booth School of Business, the
South Dakota School of Mines &
Technology, and the College of Engineering in Pune, India. He started his career by working
for iconic brands such as Palm, Flip Video and Linksys where he led
the online marketing and ecommerce units. Mr. Tolmare will
initially join the board's Audit Committee.
Investor Contact:
Erinn Murphy, Crocs, Inc.
emurphy@crocs.com
Media Contact:
Melissa Layton, Crocs, Inc.
mlayton@crocs.com
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 board members. 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.
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SOURCE Crocs, Inc.