Edition:
India

Fossil Group Inc (FOSL.OQ)

FOSL.OQ on NASDAQ Stock Exchange Global Select Market

10.06USD
23 Jul 2019
Change (% chg)

$-0.00 (-0.00%)
Prev Close
$10.06
Open
$10.41
Day's High
$10.49
Day's Low
$10.04
Volume
519,183
Avg. Vol
448,119
52-wk High
$29.59
52-wk Low
$9.46

Summary

Name Age Since Current Position

Kosta Kartsotis

66 2010 Chairman of the Board, Chief Executive Officer

Jeffrey Boyer

60 2017 Chief Financial Officer, Executive Vice President, Treasurer

Darren Hart

56 2011 Executive Vice President - Human Resources

Randy Belcher

57 2014 Executive Vice President, Asia Pacific

Steve Evans

54 2016 Executive Vice President, Fossil Brand

Martin Frey

63 2017 Executive Vice President ,EMEA

Gregory McKelvey

46 2019 Executive Vice President, Chief Commercial Officer

Beth Moeri

52 2018 Executive Vice President - Portfolio Brands

William Chiasson

66 2013 Lead Independent Director

Mark Belgya

57 2018 Independent Director

Kevin Mansell

67 2019 Independent Director

Diane Neal

62 2012 Independent Director

Thomas Nealon

58 2012 Independent Director

James Skinner

65 2007 Independent Director

Gail Tifford

49 2017 Independent Director

James Zimmerman

75 2017 Independent Director

Biographies

Name Description

Kosta Kartsotis

Mr. Kosta N. Kartsotis is Chairman of the Board, Chief Executive Officer of the Company. Mr. Kartsotis has served as our Chief Executive Ofcer since October 2000 and Chairman of the Board since May 2010. Mr. Kartsotis also served as President of the Company from December 1991 to December 2006 and as Chief Operating Ofcer from December 1991 until October 2000. Mr. Kartsotis joined the Company in 1988. He has been a director of the Company since 1990. Mr. Kartsotis has extensive senior level experience as our Chief Executive Ofcer, substantial experience in the fashion retailing industry and substantial sales, marketing and merchandising experience. He has deep knowledge of the Company and its businesses, having served on our Board since 1990.

Jeffrey Boyer

Mr. Jeffrey N. Boyer has been re-appointed as Chief Financial Officer, Executive Vice President, Treasurer, of the Company, effective from October 16, 2017. Mr. Boyer has served as Executive Vice President, Chief Financial Ofcer and Treasurer since October 2017. Mr. Boyer served on the Company’s Board of Directors from December 2007 until October 2017. Mr. Boyer served as Executive Vice President and Chief Financial Ofcer for Pier 1 Imports, Inc. from June 2015 until October 2017. Prior to joining Pier I Imports, Mr. Boyer served as Executive Vice President, Chief Administrative Ofcer and Chief Financial Ofcer for Tuesday Morning Corporation from September 2013 until June 2015. Mr. Boyer served as Executive Vice President and Chief Operating Ofcer of 24 Hour Fitness Worldwide Holdings, Inc., an operator of fitness centers, from June 2012 until September 2013 and as their Executive Vice President and Chief Financial Ofcer from April 2008 until June 2012. Mr. Boyer served as President and Chief Financial Ofcer of Michaels Stores, Inc. (“Michaels”) from July 2007 until April 2008 and Co-President and Chief Financial Ofcer from March 2006 to July 2007. He also held the position of Executive Vice President and Chief Financial Ofcer of Michaels from January 2003 to March 2006. Prior to joining Michaels, Mr. Boyer served as the Executive Vice President and Chief Financial Ofcer of the Kmart Corporation. From 1996 until 2001, he held multiple positions with Sears, Roebuck & Company, advancing to the post of Senior Vice President and Chief Financial Ofcer. He also served in multiple top-level capacities with the Pillsbury Company and Kraf General Foods. Mr. Boyer began his career as an accountant with PricewaterhouseCoopers in 1980.

Darren Hart

Mr. Darren E. Hart is Executive Vice President - Human Resources of the Company. Mr. Hart has served as Executive Vice President, Human Resources, since June 2011. From 2001 until June 2011, Mr. Hart served in various roles for Limited Brands, an international company that sells personal care and beauty products, apparel and accessories. At Limited Brands, Mr. Hart most recently served as Executive Vice President for Bath & Body Works, a national retailer of personal care products. From 2001 until 2005, Mr. Hart served as Director of Leadership and Organizational Development for Victoria’s Secret Stores, a global retailer of intimate apparel, sleepwear, hosiery and other apparel and beauty products. From 2005 until 2006, he served as Vice President of HR for Stores for Limited Brands, and from 2006 until 2007, he served as Senior Vice President of HR for Retail Operations for Limited Brands

Randy Belcher

Mr. Randy C. Belcher is Executive Vice President, Asia Pacific of the Company. Mr. Belcher has served as Executive Vice President, Asia Pacific, since March 2014. Mr. Belcher also served as Senior Vice President, Asia Pacific, from October 2005 to March 2014 and as Senior Vice President Europe from April 2001 to October 2005. Mr. Belcher joined the Company in 2001.

Steve Evans

Mr. Steve A. Evans is Executive Vice President, Fossil Brand of the Company. He has served as Executive Vice President, Owned Brands since May 2016. He joined the Company in 2014 as a Senior Vice President, leading the portfolio brands licensed by the Company. Prior to joining the Company, Mr. Evans served in executive leadership positions at global brands, including Converse, Levi’s, Dockers, The Gap and Old Navy. From June 2012 to May 2014, he served as the Vice President/GM Global Apparel and Accessories for Converse based in New York City. From 2002 to 2012, he served as the VP/SVP of Global Merchandising, Customer Experience and Commercial Operations on both the Levi’s and Dockers brands. Mr. Evans began his career at The Gap, and was an integral part of the Old Navy startup team. Throughout his career, he has led a broad range of functional areas with an emphasis on product creation, strategic sales planning, and business development.

Martin Frey

Mr. Martin Frey is executive vice president, EMEA, since may 2017. Mr. Frey has served as Executive Vice President, EMEA, since May 2017. Mr. Frey served as Managing Director Fossil Group Europe GmbH from April 2008 until May 2017, and in other various operational roles since joining the Company in October 2006.

Gregory McKelvey

Mr. Gregory A. McKelvey (Greg) is Executive Vice President, Chief Commercial Officer of FOSSIL GROUP, INC.. Mr. McKelvey joined Fossil Group in February 2012 and served as our Executive Vice President prior to his promotion to Executive Vice President, Chief Strategy and Digital Officer. From 2005 until February 2012, Mr. McKelvey served in several different strategy, marketing and transformation roles at Dean Foods, one of the United States' leading food and beverage companies, including his most recent role as Executive Vice President and Chief Strategy and Transformation Officer. From 2002 until 2005, Mr. McKelvey worked at Bain and Company, a leading global strategy consulting firm, as a Manager in Bain's consumer and private equity practices.

Beth Moeri

Ms. Beth A. Moeri is Executive Vice President - Portfolio Brands of the company. Ms. Moeri was appointed as Executive Vice President, Portfolio Brands in November 2018. From 2012 until December 2018, Ms. Moeri served as Chief Merchandising Ofcer for Pandora, A/S (“Pandora”), a global jewelry company headquartered in Denmark. Prior to joining Pandora, Ms. Moeri served as Vice President, General Merchandise Manager of The Yankee Candle Company, Inc., one of the leading designers, manufacturers and branded marketers of premium scented candles in the gifware industry, from 2007 through 2011.

William Chiasson

Mr. William B. Chiasson is Lead Independent Director of the Company. Mr. Chiasson is currently the Lead Independent Director and is also Chairman of the Company’s Audit Committee and was a member of the Finance Committee until it was dissolved February 1, 2019. Mr. Chiasson has served as Chairman and Chief Executive Ofcer of Fresh Hemp Foods, a health food company specializing in hemp-based products, since November 2016. He previously served as Chairman of the Board of Directors for LeapFrog Enterprises, Inc. from 2011 until April 2016. LeapFrog Enterprises designs, develops and markets a family of innovative technology-based learning platforms and related proprietary content for children. Mr. Chiasson served as Chief Executive Ofcer for LeapFrog Enterprises from 2010 to 2011 and as Executive Vice President and Chief Financial Ofcer from 2004 to 2010. Since 2013, Mr. Chiasson has also served as Chairman of the Board of Directors of The Ergobaby Carrier, Inc. and served as Interim Chief Executive Ofcer from 2012 to 2013. Ergobaby Carrier is a leading designer, marketer and distributor of premium infant care products. From 1998 until 2003, Mr. Chiasson served as Senior Vice President and Chief Financial Ofcer for Levi Strauss & Co. From 1988 to 1998, Mr. Chiasson served in various roles for Kraf Foods, Inc., most recently as Senior Vice President, Finance and Information Technology. From June 1979 to January 1988, Mr. Chiasson served in varying capacities with Baxter Healthcare, most recently as its Vice President and Controller for the Hospital Group. Mr. Chiasson has leadership experience as a Chief Executive Ofcer and Chief Financial Ofcer of large organizations, extensive experience in accounting, finance, capital markets, strategic planning and risk management and has been determined by the Board of Directors to meet the qualifications of an “audit committee financial expert” in accordance with SEC rules.

Mark Belgya

Mr. Mark R. Belgya is an Independent Director of the company. Mr. Belgya is currently a member of the Company’s Audit Committee. Mr. Belgya has served as Vice Chairman and Chief Financial Ofcer of The J.M. Smucker Company (NYSE: SJM), a leading manufacturer and distributor of consumer food, beverage, and pet food products (“Smucker”), since May 2016. Mr. Belgya joined Smucker’s in an internal audit capacity in 1985 and rose through finance positions of increasing responsibility becoming Corporate Controller in 1997, Treasurer in 2001, and CFO in 2005. Prior to Smucker’s, Mr. Belgya was a staff auditor from 1982 until 1985 for Ernst & Whinney, a multinational professional services and consultancy, now known as Ernst & Young. Mr. Belgya served on the board of directors of family-owned and privatelyheld MOM Brands, Inc., one of the largest producers of cereals in the U.S., from 2012 until its acquisition by Post Holdings in 2015. Mr. Belgya currently serves on the board of directors of Hamilton Beach Brands Holding Company, a designer, marketer, and distributor of consumer, commercial, and specialty small appliances and kitchen equipment brands. Mr. Belgya has extensive leadership experience as Chief Financial Ofcer of a large multinational organization and possesses a deep understanding of risk and capital allocation for growth, developed through his finance and accounting positions held at Smucker’s, his various board positions and his public accounting experience and has been determined by the Board of Directors to meet the qualifications of an “audit committee financial expert” in accordance with SEC rules.

Kevin Mansell

Mr. Kevin Mansell is Independent Director of the company. Mr. Mansell served as Chairman, Chief Executive Ofcer and President of Kohl’s Corporation, one of the largest department store retail chains in the United States, until his retirement in May 2018. Mr. Mansell joined Kohl’s in 1982 as a Divisional Merchandise Manager and was promoted to General Merchandise Manager in 1987. Mr. Mansell was promoted to Senior Executive Vice President of Merchandising and Marketing of Kohl’s in 1998, and was named President and Director in 1999. He was promoted to Kohl’s CEO in 2008 and named Chairman of the Board in 2009. Prior to joining Kohl’s, Mr. Mansell spent seven years in the Venture Store division of The May Department Stores Company, an American department store holding company, where he held a variety of positions in buying and merchandising. In March 2019, Mr. Mansell was appointed as a director and a member of the Nominating and Corporate Governance and Audit Committees of Columbia Sportswear Company, a leading innovator in active outdoor apparel, footwear, accessories, and equipment. Mr. Mansell has extensive leadership experience as the Chief Executive Ofcer of a large national organization and has over 40 years of retail experience.

Diane Neal

Ms. Diane L. Neal is Independent Director of the Company. Ms. Neal was appointed to the Board in February 2012, and she is currently Chairperson of the Nominating and Corporate Governance Committee and a member of the Compensation Committee. Ms. Neal was appointed to the Board of Directors of General Mills, Inc. (NYSE: GIS), a leading global manufacturer and marketer of branded consumer foods sold through retail stores, in November 2018. Ms. Neal served as Chief Executive Ofcer of Sur La Table, a private company with more than 100 retail stores offering a selection of exclusive and premium-quality goods for the kitchen and table, from October 2014 until her retirement in January 2017. Prior to joining Sur La Table, Ms. Neal served as Chief Executive Ofcer of Bath & Body Works until July 2011. Ms. Neal joined Bath & Body Works in November 2006 as President and Chief Operating Ofcer and held those positions until her promotion to Chief Executive Ofcer in June 2007. Prior to joining Bath & Body Works, Ms. Neal served as President of the Outlet Division for Gap Inc., where she was responsible for the outlet business for all three Gap Inc. brands. Prior to joining Gap Inc., Ms. Neal spent 22 years with Target Corporation in multiple divisions, including Dayton’s Department Stores (now Macy’s), Mervyn’s, Target Sourcing Services and Target Stores. During her career with Target Corporation, Ms. Neal spent 16 years at Target Stores, where she held multiple positions and responsibilities, including merchandising, planning, distribution and sourcing. Ms. Neal was promoted to President of Mervyn’s in 2001 and served in that capacity until 2004, when she joined Gap Inc. Ms. Neal has extensive leadership experience as the Chief Executive Ofcer of a large organization and substantial experience in retailing, merchandising and strategic planning.

Thomas Nealon

Mr. Thomas M. Nealon is Independent Director of the Company. Mr. Nealon was appointed to the Board in April 2012, and he is currently a member of the Compensation Committee. Mr. Nealon was a member of the Audit Committee until February 1, 2019. Mr. Nealon has served as President at Southwest Airlines Co., a leading airline based in Dallas, Texas, since January 2017. Mr. Nealon served as Executive Vice President Strategy and Innovation at Southwest Airlines from January 2016 until January 2017. Mr. Nealon previously served as Group Executive Vice President of J. C. Penney Company, Inc., from which he resigned in December 2011 due to family medical issues. Mr. Nealon joined J. C. Penney in 2006 as Chief Information Ofcer, and held that position until his promotion to Group Executive Vice President in 2010. Prior to joining J. C. Penney, he was with Electronic Data Systems from 2004 to 2006 and served on assignment as Senior Vice President and Chief Information Ofcer for Southwest Airlines Co. Prior to joining Electronic Data Systems, Mr. Nealon was a partner from 2000 to 2004 at the Feld Group, an IT management consultancy firm later acquired by Electronic Data Systems. He also spent 15 years at Frito-Lay, Inc., a division of PepsiCo, serving in critical roles across the information technology organization, including two years as Chief Information Ofcer. Mr. Nealon has extensive experience in information technology, corporate strategy and e-commerce.

James Skinner

Mr. James E. Skinner is Independent Director of the Company. Mr. Skinner was appointed to the Board of Directors of Hudson Ltd. (NYSE: HUD), a duty-paid and duty-free travel retail company, in January 2018. Since April 2016, Mr. Skinner has served on the Board of Directors of Ares Commercial Real Estate Corporation (NYSE: ACRE) where he is a member of both the Audit Committee and the Compensation Committee. Mr. Skinner previously served as Vice Chairman of Neiman Marcus Group from July 2015 until his retirement in February 2016. From October 2010 until July 2015, he served as Executive Vice President, Chief Operating Ofcer and Chief Financial Ofcer of Neiman Marcus Group and, from 2007 to 2010, served as Executive Vice President and Chief Financial Ofcer. From 2001 until 2007, he held the position of Senior Vice President and Chief Financial Ofcer of Neiman Marcus Group. Mr. Skinner served as Senior Vice President and Chief Financial Ofcer of CapRock Communications Corp. in 2000. From 1991 until 2000, Mr. Skinner served in several positions with CompUSA Inc., including Executive Vice President and Chief Financial Ofcer beginning in 1994. Mr. Skinner also served as a partner with Ernst & Young from 1987 until 1991. Mr. Skinner has extensive leadership experience as Chief Financial Ofcer of large organizations and experience in accounting, finance, capital markets, strategic planning and risk management developed through his Chief Financial Ofcer and public accounting experience and has been determined by the Board of Directors to meet the qualifications of an “audit committee financial expert” in accordance with SEC rules.

Gail Tifford

Ms. Gail B. Tifford serves as Independent Director of the company. Ms. Tifford has served in a variety of leadership roles at Unilever, a leading global consumer goods company that offers products in the food, home care, personal care and refreshment segments. Her roles included brand, marketing, and digital innovation from 1996 until 2009 and after she rejoined Unilever in 2011. Currently, she is responsible for overseeing Unilever’s largest media market as well as shaping and executing Unilever North America’s digital strategy. She is a member of the Unilever Global Media Leadership Team and has been charged with co-creating Unilever’s global media vision and strategy and with partnering with the Unilever Ventures team to seek out new digital investment opportunities. While at Unilever, Ms. Tifford created the Digital Innovation Board NA, a cross-functional leadership team that sets the digital agenda and activates digital initiatives across the business. From October 2009 until May 2011, Ms. Tifford served as Vice President for Strategic Partnerships at MTV Networks, a cable and satellite television channel owned by Viacom Media Networks.

James Zimmerman

Mr. James M. Zimmerman is Independent Director of the company. Mr. Zimmerman is currently a member of the Nominating and Corporate Governance Committee and was a member of the Finance Committee until it was dissolved February 1, 2019. He has served as a member of the Board of Directors of The Chubb Corporation since June 2008. Mr. Zimmerman retired from Federated Department Stores (Macy’s) in February 2004 after serving for the previous six years as Chairman and Chief Executive Ofcer, and prior to that as President and Chief Operating Officer beginning in May 1988. Mr. Zimmerman has extensive executive experience in leading a large retail company and strong skills in retail operations, strategic planning and public company executive compensation. He also brings insights to our Board from his service on other public company boards.

Basic Compensation

Name Fiscal Year Total

Kosta Kartsotis

--

Jeffrey Boyer

4,081,550

Darren Hart

2,151,720

Randy Belcher

2,011,330

Steve Evans

1,712,040

Martin Frey

--

Gregory McKelvey

2,327,370

Beth Moeri

--

William Chiasson

214,485

Mark Belgya

143,931

Kevin Mansell

--

Diane Neal

182,985

Thomas Nealon

173,985

James Skinner

196,485

Gail Tifford

160,485

James Zimmerman

174,826
As Of  29 Dec 2018