Crocs, Inc. appointed its CFO Peter Case to the newly created position of SVP, retail division and named a Motorola executive with extensive international experience as his replacement.
Russ Hammer has been named CFO, SVP-finance and treasurer. Both appointments are effective immediately.
“Peter has been overseeing the development and operations of our retail division and he has been instrumental in the successful opening of our domestic locations this past year,” said Ron Snyder, president and CEO of Crocs, Inc. “As we continue to explore additional opportunities for Crocs branded stores both in the United States and around the world we believe it is important to have a dedicated and experienced individual leading this segment of our business. Over the past several months Peter has been assembling a strong team of seasoned retail executives and operational personnel which I am confident are the right group to further evolve this new and exciting growth vehicle for our Company.”
Russ Hammer, 51, joins Crocs after a 30-year career at Motorola, Inc. During his tenure, Hammer served the company in several senior level executive positions, most recently as CFO and corporate VP of Motorolas $5 billion Connected Home Solutions Business.
In this role he oversaw all aspects of finance operations including acquisitions, business development, marketing and selling, engineering and supply chain operations. Other roles with Motorola included chief audit officer, CFO – Asia Cellular Subscriber Business, and CFO- Global Paging Subscriber Business. In addition, Hammer was recognized by the Big 4 accounting firms for establishing best-in-class Enterprise Risk Management and Sarbanes Oxley Processes and for significantly improving Motorolas corporate governance practices and audit committee effectiveness.
“We are very excited about Russ joining Crocs and believe he will be a terrific asset to our organization,” said Mr. Snyder. “Russs extensive background in finance, operations and development, combined with his international experience and leadership capabilities, will be invaluable as we continue to aggressively expand our global footprint. He is exceptionally well qualified to serve as our new Chief Financial Officer and I look forward to working closely with him to take this Company to the next level.”
