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Crocs , Inc. (NASDAQ: NASDAQ: CROX), known for its range of innovative casual footwear.
Healy, with her extensive financial background, will succeed Anne Mehlman, who has been promoted to President of the Crocs Brand. Mehlman will continue in her role as CFO until Healy assumes the position. With over 30 years of experience, Healy is expected to bring a wealth of knowledge to Crocs, having served as CFO for IAA, Inc., where she played a pivotal role in a significant merger, and held senior financial roles at Ulta Beauty (NASDAQ: ULTA) and Goldman Sachs (NYSE: GS).
Andrew Rees, CEO of Crocs, expressed his enthusiasm for Healy’s appointment, highlighting her financial leadership and operational experience across several industries as invaluable assets to the company’s executive team. Healy, a Wall Street veteran, will oversee financial planning, accounting, investor relations, tax, internal audit, and corporate development.
In her statement, Healy acknowledged the strength of Crocs, noting its exceptional free-cash-flow and industry-leading margins, and expressed eagerness to contribute to the company’s profitable growth and shareholder returns.
The appointment is part of Crocs’ ongoing leadership transition and strategic planning. The company, headquartered in Broomfield, Colorado, operates the Crocs and HEYDUDE brands, with products available in over 85 countries.
This leadership change is based on a press release statement and coincides with the company’s latest earnings report issued today. As Crocs continues to navigate the competitive footwear market, the addition of Susan Healy as CFO is expected to play a key role in the company’s future financial strategy and performance.
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