Fossil eliminates EVP Chief Commercial Officer role under Transform and Grow plan

Fossil Group, Inc.

Greg A. McKelvey's position as EVP, Chief Commercial Officer eliminated effective Aug 11, 2023.
Elimination part of ongoing Transform and Grow strategy; responsibilities assumed by other executives.
McKelvey to receive severance payments and benefits under existing Executive Severance Agreement.
McKelvey remains employed through August 11, 2023.

item 5.02

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Departed

Greg A. McKelvey

Executive Vice President, Chief Commercial Officer

FOSL · Fossil Group, Inc.

Effective: 2023-08-11
Filed: August 9, 2023, 7:59 PM ET

On August 4, 2023, Fossil Group, Inc. (the “Company”) informed Mr. Greg A. McKelvey, Executive Vice President, Chief Commercial Officer, that his position with the Company was being eliminated in connection with the Company’s ongoing Transform and Grow strategy.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Greg A. McKelvey departed as Executive Vice President, Chief Commercial Officer at Fossil Group, Inc..

Action: position eliminated
Role: Executive Vice President, Chief Commercial Officer

Exact text from the filing

On August 4, 2023, Fossil Group, Inc. (the “Company”) informed Mr. Greg A. McKelvey, Executive Vice President, Chief Commercial Officer, that his position with the Company was being eliminated in connection with the Company’s ongoing Transform and Grow strategy.

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Source: SEC EDGAR

accession 0000883569-23-000024

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