Crocs Hikes on News of New CFO
Crocs, Inc. (NASDAQ: CROX), a global leader in innovative casual footwear for all, today announced the appointment of Patraic Reagan as the Executive Vice President and Chief Financial Officer of Crocs, Inc, effective September 22.
Reagan will succeed Susan Healy, who tendered her resignation on August 28.
With approximately three decades of financial and operational leadership experience at prominent global consumer companies, Reagan will join the executive leadership team and will report directly to CEO Andrew Rees.
Most recently, Reagan served as the Chief Financial Officer for SharkNinja, Inc., a global product design and technology company. Prior to SharkNinja, Inc. he spent approximately 14 years at Nike, Inc (NYSE:NKE).
"We are excited to welcome Patraic to Crocs, Inc. as our Chief Financial Officer. Patraic is a seasoned financial professional with a strong public profile and a track record of delivering consistent, profitable growth. We believe his consumer-centric mindset, robust financial experience in the footwear industry and his international expertise will complement our leadership team in driving long-term shareholder value," said Rees.
CROX shares hiked $3.46, or 4%, to $89.74.
