Fossil Group, Inc. announced the appointment of Randy Greben as chief financial officer, effective March 17, replacing interim CFO Andrew Skobe,
Greben will oversee Fossil Group’s global financial strategy, focusing on leading the organization’s financial turnaround and business transformation.
With over two decades of financial leadership experience, Greben reportedly “brings a strong track record of business transformations ranging from deep turnarounds to high-growth strategies for a number of leading consumer brands.”
“For decades, Fossil Group and its iconic global brands have been part of the consumer experience,” said Greben. “I am thrilled to join the team at this pivotal time in the company’s turnaround to help advance their strategies and build long-term shareholder value.”
Most recently, Greben was the chief financial and operating officer at Casper Sleep, Inc., where he strengthened the balance sheet, led a successful sale process of the company’s Canada business and significantly reduced overall costs. Previously, Greben was the CFO and Treasurer of the meal kit company Blue Apron, where he led strategic actions including debt refinancings, capital raises and significant governance changes. He joined Blue Apron after serving as senior vice president and chief financial officer at apparel retailer Ann, Inc. where he oversaw corporate and brand finance. He was responsible for several new business activations for the Ann Taylor, Loft and Lou & Grey brands.
Earlier in his career, Greben served as CFO and general manager at Quidsi, a subsidiary of Amazon.com and a business known for its flagship websites Diapers.com, Soap.com, and Wag.com.
“We are thrilled to welcome Randy, who brings deep financial acumen and operating expertise to the company,” said CEO Franco Fogliato. “Randy is a proven leader and change agent. His appointment will add tremendous value to our team as we pursue our turnaround plan and focus on value creation for all our stakeholders.”
Fossil Group, Inc. is a global design, marketing, distribution, and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, including watches, jewelry, handbags, small leather goods, belts, and sunglasses. Brands under its portfolio, include Fossil, Michele, Relic, Skagen and Zodiac, and licensed brands, Armani Exchange, Diesel, Emporio Armani, Kate Spade New York, Michael Kors, Skechers, and Tory Burch.
Images courtesy Fossil Group
