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Industry Veteran Angel Martinez Makes Footwear Comeback as Co-CEO of Oofos
Yahoo Financeยท 2025-10-22 14:36
Core Insights - Oofos has appointed Angel Martinez as co-CEO alongside co-founder Lou Panaccione, indicating a strategic leadership reorganization aimed at future expansion [1][2] Leadership Structure - As co-CEOs, Martinez will manage brand, product creation, sales, and marketing, while Panaccione will focus on product development, operations, supply chain, finance, and culture [2] - This leadership structure is designed to reflect a shared vision for Oofos' future and its readiness for continued growth [2] Leadership Experience - Angel Martinez brings extensive experience from his previous roles, including CEO of Deckers Brands and co-founder of Keen LLC, which positions him well to contribute to Oofos' growth [4] - Martinez's background includes significant leadership roles in influential footwear brands, enhancing Oofos' strategic direction [4] Company Vision - Panaccione emphasized the importance of building on Oofos' momentum and expanding its reach while maintaining the brand's core mission [3][6] - Martinez expressed admiration for Oofos' innovation and culture, indicating a commitment to enhancing the brand's global presence [5] Additional Leadership Changes - Liz White has been appointed as chief commercial officer, expanding her role to oversee all commercial functions, including North American sales and e-commerce [5] - White's new responsibilities aim to drive alignment across teams and functions, further supporting Oofos' growth strategy [5]