Deckers Brands has nominated of Patrick J. Grismer for election to its Board of Directors at the company’s 2025 Annual Meeting of Stockholders to be held on September 8, 2025. In connection with Grismer’s nomination and as previously announced, Dave Powers will not stand for reelection to Decker’s Board at the Annual Meeting, retiring after over nine years of service as a director.
Grismer brings over 35 years of financial leadership experience at major global consumer companies. He currently serves on the Board of Directors of Krispy Kreme and has recently served as Chair of the Board of Directors of Panera Brands. Grismer previously held CFO roles at Starbucks Coffee Company, Hyatt Hotels Corporation and Yum! Brands, where he oversaw business transformations and value-creation initiatives, as well as executive leadership positions at The Walt Disney Company. Grismer earned a BS in Accounting from the University of Southern California and an MBA from Northwestern University.
If Grismer is elected to the Decker’s Board at its Annual Meeting, he is expected to join the Audit & Risk Management Committee. Maha S. Ibrahim, a member of the Audit & Risk Management Committee, is expected to join the Corporate Responsibility, Sustainability & Governance Committee and step down as a member of the Audit & Risk Management Committee if reelected to the Board at the Annual Meeting.
“We are pleased to nominate Pat to our Board as we build on Deckers’ growth trajectory and value creation,” said Cindy Davis, Chair of the Board. “Pat’s financial expertise, strategic vision and proven leadership at some of the world’s most recognizable companies will be immediately additive to our oversight of Deckers’ long-term strategy and the continued momentum of our iconic brands.”
Grismer said, “Deckers has created leading footwear brands that consumers are passionate about and truly connect with. I have been impressed by the Company’s ability to continually extend its reach and deepen its relevance across categories and geographies, always meeting the moment. I am excited to join the Board and help advance the Company’s strategy to deliver value.”
Davis continued, “On behalf of the Board, I want to thank Dave for his immense service to Deckers, both as a director and as our former CEO and President. Dave has played an instrumental role in shaping Deckers into the industry leader it is today, with unique products that blend technology and comfort. We are grateful for Dave’s above-and-beyond dedication, and we wish him the best in his well-deserved retirement come September.”
Powers commented, “It has been deeply rewarding to be part of Deckers’ journey since 2012, which has been marked by explosive growth and meaningful contributions to our communities. Deckers is a resilient organization with incredible talent and exemplary leaders, and the extraordinary innovation happening at Hoka and Ugg will continue to set the Company apart. I am confident Deckers’ future is bright, and I look forward to following its successes for years to come.”
Images courtesy Decker’s Brands/LinkedIn
