FOSSIL GROUP APPOINTS PAMELA EDWARDS AND WENDY SCHOPPERT TO BOARD OF DIRECTORS

Core Viewpoint - Fossil Group, Inc. has appointed Pamela Edwards and Wendy Schoppert to its Board of Directors, effective May 16, 2025, to enhance its leadership and support its turnaround plan [1][2]. Group 1: Board Appointments - The appointments of Pamela Edwards and Wendy Schoppert expand the Board of Directors to ten members, with nine being independent directors [1]. - Pamela Edwards has extensive experience in corporate finance and retail operations, having served as CFO at Citi Trends and held senior roles at L Brands Inc. [2][4]. - Wendy Schoppert brings a broad strategic perspective from her roles at The ODP Corporation and Sleep Number Corporation, focusing on finance and digital transformation [4][5]. Group 2: Leadership Insights - Kevin Mansell, Chairman of the Board, expressed confidence that the new board members' expertise will be crucial for advancing the company's turnaround plan and enhancing shareholder value [2]. - Both new board members have expressed enthusiasm about contributing to Fossil's growth and transformation, emphasizing the importance of leveraging the company's heritage and iconic brands [3][5]. Group 3: Company Overview - Fossil Group, Inc. specializes in lifestyle accessories, including watches, jewelry, handbags, and sunglasses, under a diverse portfolio of owned and licensed brands [5].