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Crocs, Inc. Appoints Executive Vice President and Chief Financial Officer Patraic Reagan; Reaffirms Third Quarter Guidance
CrocsCrocs(US:CROX) Prnewswireยท2025-08-29 11:30

Company Leadership Change - Crocs, Inc. announced the appointment of Patraic Reagan as the Executive Vice President and Chief Financial Officer, effective September 22, 2025, succeeding Susan Healy who resigned on August 28, 2025 [1][5] - Mr. Reagan brings approximately three decades of financial and operational leadership experience from prominent global consumer companies, including his most recent role as CFO at SharkNinja, Inc. and nearly 14 years at Nike, Inc. [2][7] Executive Insights - CEO Andrew Rees expressed excitement about Mr. Reagan's appointment, highlighting his strong public profile and track record of delivering consistent, profitable growth, which is expected to enhance shareholder value [3][5] - Mr. Reagan emphasized his admiration for Crocs, Inc. and the untapped potential within the Crocs and HEYDUDE brands, indicating a focus on disciplined execution to unlock shareholder value [5] Financial Responsibilities - Mr. Reagan will oversee the company's financial strategies, including financial planning and analysis, accounting, treasury, investor relations, tax, and internal audit [4] Transition and Future Outlook - To ensure a smooth transition, Susan Healy will remain as an advisor until October 31, 2025 [5] - The company reaffirmed its third quarter 2025 financial outlook as previously disclosed on August 7, 2025, and management will present at the Goldman Sachs 32nd Annual Global Retailing Conference on September 3, 2025 [6]