Fossil appoints Franco Fogliato as CEO; Jeffrey Boyer returns to COO

Fossil Group, Inc.

Franco Fogliato named CEO and Board member effective September 18, 2024.
Jeffrey Boyer steps down as Interim CEO, resumes COO role, and leaves the Board.
Fogliato's compensation: $1.1M base salary, 130% target bonus, $1.1M sign-on cash bonus, and 1.5M RSUs.
Fogliato previously served as CEO of Salomon and EVP at Columbia Sportswear.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Jeffrey N. Boyer

Chief Operating Officer

FOSL · Fossil Group, Inc.

Effective: 2024-09-18
Successor: Franco Fogliato
Filed: September 4, 2024, 7:59 PM ET

Jeffrey N. Boyer is stepping down from his position as Interim Chief Executive Officer and a member of the Board of Directors (the “Board”), effective September 18, 2024. Mr. Boyer’s departure as a member of the Board was not the result of any disagreement with the Company on any matter relating to the Company’s financial statements, internal controls, operations, policies, or practices. Effective September 18, 2024, Mr. Boyer has been appointed as the Company’s Chief Operating Officer.

Appointed

Franco Fogliato

Chief Executive Officer

FOSL · Fossil Group, Inc.

Effective: 2024-09-18
Filed: September 4, 2024, 7:59 PM ET

the Board has appointed Franco Fogliato as Chief Executive Officer (“CEO”) and as a member of the Board, each effective as of September 18, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey N. Boyer was appointed as Chief Operating Officer at Fossil Group, Inc..

Action: stepping down as Interim CEO and appointed as COO
Role: Chief Operating Officer

Exact text from the filing

Jeffrey N. Boyer is stepping down from his position as Interim Chief Executive Officer and a member of the Board of Directors (the “Board”), effective September 18, 2024. Mr. Boyer’s departure as a member of the Board was not the result of any disagreement with the Company on any matter relating to the Company’s financial statements, internal controls, operations, policies, or practices. Effective September 18, 2024, Mr. Boyer has been appointed as the Company’s Chief Operating Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Franco Fogliato was appointed as Chief Executive Officer at Fossil Group, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

the Board has appointed Franco Fogliato as Chief Executive Officer (“CEO”) and as a member of the Board, each effective as of September 18, 2024.

View on SEC.gov

Fossil Group, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-24-096657

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