Fossil Group, Inc. incurred senior notes of $32,500,000 aggregate principal amount of 9.500% First-Out First Lien Secured Senior Notes due 2029 with Wilmington Trust, National Association at 9.500% maturing January 1, 2029.
“Noteholders that participated in the Rights Offering and Exchange Offer (the “New Money Participants”) (i) provided an aggregate of $32,500,000 of incremental, new money financing in exchange for (x) $32,500,000 aggregate principal amount of 9.500% First-Out First Lien Secured Senior Notes due 2029 (the “First-Out Notes")”
Wendy Schoppert was appointed as Director at Fossil Group, Inc..
“On May 14, 2025, the Company announced that Pamela Edwards and Wendy Schoppert have been appointed to the Board of Directors (the “Board”), effective May 16, 2025.”
Pamela Edwards was appointed as Director at Fossil Group, Inc..
“On May 14, 2025, the Company announced that Pamela Edwards and Wendy Schoppert have been appointed to the Board of Directors (the “Board”), effective May 16, 2025.”
Andy Skobe departed as Interim Chief Financial Officer at Fossil Group, Inc..
“Mr. Greben is assuming the role of Chief Financial Officer from Andy Skobe, who was serving as Interim Chief Financial Officer pursuant to an agreement with Ankura Consulting Group, LLC.”
Randy Greben was appointed as Chief Financial Officer at Fossil Group, Inc..
“On March 7, 2025, the Board of Directors (the “Board”) of the Company has appointed Randy Greben to serve as Chief Financial Officer of the Company, effective as of March 17, 2025.”
Jeffrey N. Boyer departed as Chief Operating Officer at Fossil Group, Inc..
“On January 10, 2025, Fossil Group, Inc. (the “Company”) informed Jeffrey N. Boyer, Chief Operating Officer, that his position with the Company was being eliminated in connection with the Company’s ongoing Transform and Grow strategy.”
Franco Fogliato was appointed as Chief Executive Officer at Fossil Group, Inc..
“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.”
Jeffrey N. Boyer was appointed as Chief Operating Officer at Fossil Group, Inc..
“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.”
Kim Harris Jones resigned as Director at Fossil Group, Inc..
“On July 14, 2024, Ms. Kim Harris Jones notified the Board of Directors (the "Board") of Fossil Group, Inc. (the "Company") that she intends to resign as a member of the Board and as a member of the Audit Committee and the Nominating and Corporate Governance Committee of the Board effective July 31, 2024.”
Jeffrey N. Boyer was appointed as principal financial and accounting officer at Fossil Group, Inc..
“Jeffrey N. Boyer, the Company’s Interim Chief Executive Officer, has been appointed the Company’s principal financial and accounting officer for the transition period.”
Andy Skobe was appointed as Interim Chief Financial Officer at Fossil Group, Inc..
“the Company has appointed Andy Skobe as the Company’s Interim Chief Financial Officer, effective immediately.”
Sunil M. Doshi resigned as Chief Financial Officer and Treasurer at Fossil Group, Inc..
“Sunil M. Doshi, the Chief Financial Officer (principal financial and accounting officer) (“CFO”) and Treasurer of Fossil Group, Inc. (the “Company”), notified the Company of his intent to resign from the Company, effective July 19, 2024.”
Earnings Releases
Fossil Group, Inc. reported first quarter ended March 30, 2024 results: revenue decreased to $255 million.
“Fossil Group, Inc. (NASDAQ: FOSL) today announced financial results for the first quarter ended March 30, 2024. First Quarter Summary • First quarter worldwide net sales decreased to $255 million, down 22% on a reported basis and 21% in constant currency, reflecting five points of impact related to the Company’s strategic actions to exit the smartwatch category and optimize its retail store portfolio.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.