leadership
confidence high
sentiment neutral
materiality 0.40
Fossil Group eliminates EVP & CHRO role as part of Transform and Grow strategy
Fossil Group, Inc.
- Darren E. Hart's EVP & CHRO position eliminated effective April 2, 2024; he will remain employed through April 26, 2024.
- Position elimination is part of ongoing Transform and Grow strategy; responsibilities to be assumed by other officers.
- Hart eligible for severance payments and benefits under existing Executive Severance Agreement.