secwatch.observer — SEC 8-K summary
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Issuer:     Crocs, Inc. (CROX)
CIK:        0001334036
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001334036-24-000092
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crocs appoints Susan Healy as EVP and CFO, effective June 3, 2024
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- Healy will report to CEO Andrew Rees; her base salary is $750k/year with a 100% target bonus.
- Equity grant of $2M (33% time-based RSUs, 67% performance-based PSUs) under 2020 Equity Incentive Plan.
- Anne Mehlman, former CFO, transitions to EVP and Crocs Brand President; will serve as CFO until Healy starts.
- Relocation benefits up to $200k (gross) provided; severance and non-compete covenants included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1334036/000133403624000092/0001334036-24-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1334036/000133403624000092/crox-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001334036-24-000092

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer