Crocs, Inc., in a regulatory filing, said Elaine Boltz, its executive vice president and chief operating and transformation officer, resigned her position effective October 14.
The footwear company said that when Boltz leaves, she is entitled to receive payments and benefits related to her departure, including a one-time discretionary lump sum of $419,420, less applicable taxes and withholdings.
The filing does not outline a reason for her exit.
Boltz joined Crocs in the same role in March 2020. She was formerly CEO at Secundus Consulting, based in Boston.