Robert Orlando, President of Teva, has left Deckers in order to pursue other interests. The Company is actively searching for a successor. In the interim, Angel Martinez, Deckers' President and Chief Executive Officer, will assume all his responsibilities.
Chairman of the Board, Doug Otto, stated, “I would like to personally thank Bob for his significant contributions over the years and wish him well in his future endeavors. Teva remains one of the most recognized performance brands in the outdoor industry and we are committed to fully capitalizing on our leadership position in the market.”
President and Chief Executive Officer, Angel Martinez, commented, “I believe that Teva is an incredible brand that is still only scratching the surface in terms of its potential. Going forward, we will focus on significantly enhancing our design and product development efforts, broadening our marketing initiatives and more aggressively pursuing the tremendous opportunities that exist for the brand overseas. We are dedicated to further improving our operating platform and maximizing our prospects for growth.”
