Wendy Yang, president of Performance Lifestyle at Deckers Brands, is stepping down, effective at the end of the month. The company said Yang would remain in a consulting role through August 15 to allow for a smooth transition.
Yang, an industry veteran with decades of experience in footwear and fashion, including working at New Balance, Timberland and Reebok, has worked at Deckers for seven years, responsible for several brands, including the rise of Hoka and Teva.
“This has been an incredible journey with talented and amazing people, and it has been a privilege to lead this passionate team. Through the discipline, hard work and dedicated focus of many, Hoka and Teva have made significant strides. I’m grateful to have had the opportunity to work in a business so committed to making a positive impact on people, their communities and the planet. I look forward to following the success of these outstanding brands for years to come,” Yang said in a statement.
As the company searches for Yang’s replacement, industry veteran Stefano Caroti, president of omnichannel at Deckers, will assume her responsibilities on an interim basis.
“Over the last seven years, our Performance Lifestyle segment has delivered immense growth with nearly $900 million in global revenue for Hoka this past fiscal year, thanks to a significant increase of brand adoption in many of our mainstream markets,” said Decker’s president and CEO Dave Powers. “On behalf of the entire Deckers team, I want to thank Wendy for her tremendous contributions over the years. With Hoka and Teva in their strongest positions to date in a highly competitive marketplace, I am confident in our ability to continue our positive momentum. I look forward to the future with this talented team and wish Wendy the best.”