People: Crocs Inc (CROX.OQ)

CROX.OQ on NASDAQ Stock Exchange Global Select Market

17.07USD
22 May 2013
Price Change (% chg)

$-0.31 (-1.78%)
Prev Close
$17.38
Open
$17.45
Day's High
$17.53
Day's Low
$16.95
Volume
404,722
Avg. Vol
451,231
52-wk High
$18.60
52-wk Low
$12.00

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Summary

Name Age Since Current Position

Thomas Smach

2011 Independent Chairman of the Board

John McCarvel

55 2010 President, Chief Executive Officer, Director

Jeffrey Lasher

47 2011 Chief Financial Officer, Senior Vice President - Finance, Principal Accounting Officer

Scott Crutchfield

51 2012 Chief Operating Officer

Daniel Hart

53 2010 Executive Vice President, Chief Legal and Administrative Officer

Andy Sackmann

2013 Chief Marketing Officer

Jeffrey Margolis

46 2012 Director

W. Stephen Cannon

60 2009 Independent Director

Raymond Croghan

62 2004 Independent Director

Ronald Frasch

64 2006 Independent Director

Peter Jacobi

68 2008 Independent Director

Doreen Wright

56 2011 Independent Director

Biographies

Name Description

Thomas Smach

Mr. Thomas J. Smach is Independent Chairman of the Board of Crocs. Inc. Prior to which he was a member of the Board since April 2005. Mr. Smach is currently a co-founding partner of Riverwood Capital Management, a private equity firm. From January 2005 to June 2008, Mr. Smach served as the Chief Financial Officer of Flextronics International (“Flextronics”) a NASDAQ-listed electronics manufacturing services (EMS) provider. From April 2000 to December 2004, Mr. Smach served as Senior Vice President—Finance of Flextronics. From 1997 to April 2000, he served as the Senior Vice President, Chief Financial Officer and Treasurer of The Dii Group, Inc., an EMS provider and publicly-traded company that merged with Flextronics in early 2000 (“The Dii Group”). Mr. Smach is a certified public accountant and also serves on the Board of Directors of ADVA AG Optical Networking, a publicly-traded company in Germany. Mr. Smach has accounting and financial management experience having served as the chief financial officer of global public companies. In addition, Mr. Smach has experience with international manufacturing and business from his leadership positions at Flextronics.

John McCarvel

Mr. John P. McCarvel is President, Chief Executive Officer and Director of Crocs, Inc. Previously, Mr. McCarvel served as Chief Operating Officer and Executive Vice President from February 2007 to March 2010, as Senior Vice President—Global Operations from October 2005 to February 2007 and as Vice President—Asian & Australian Operations from January 2005 to September 2005, after providing consulting services to the company during 2004. From October 2001 to January 2005, Mr. McCarvel served as Vice President for the Design, Test and Semiconductor division of Flextronics, where he was responsible for building Flextronics’ engineering infrastructure in Asia and growing Flextronics’ business in the region. From 1999 to October 2001, he served as President of U.S. Operations and Senior Vice President of Worldwide Sales and Marketing for Singapore Technology Assembly Test Services Ltd., a semiconductor services company. He previously worked in executive level positions with Micron Custom Manufacturing Services, Inc., a manufacturer of electronic products for computing and digital applications, and The Dii Group. Mr. McCarvel has served as an executive since 2005. He has been chief operating officer and has knowledge of day-to-day operations.

Jeffrey Lasher

Mr. Jeffrey J. Lasher is Chief Financial Officer, Chief Accounting Officer, Corporate Controller of Crocs Inc. He has served as Senior Vice President-Finance and Chief Financial Officer since April 2011. From January 2011 to March 2011, Mr. Lasher served as principal accounting officer and interim principal financial officer. From June 2009 to January 2011, he served as Corporate Controller and Chief Accounting Officer. Prior to joining the company, Mr. Lasher was a Senior Consultant for Connelly Consulting, a privately-held financial services company, from October 2008 to June 2009. From December 2005 to September 2008, he was the Vice President - Corporate Controller for Corporate Express Inc., a publicly-held business supplies and equipment company. Mr. Lasher was also the Vice President – Finance of AutoNation, Inc., a publicly-held automotive retail company, from December 2000 to December 2005.

Scott Crutchfield

Mr. Scott E. Crutchfield has been appointed as Chief Operating Officer of Crocs, Inc., effective September 06, 2012. He has served as the Company’s Senior Vice President of World Wide Operations since May 2010. From February 2006 to May 2010, he served as the Company’s Vice President for Worldwide Operations.

Daniel Hart

Mr. Daniel P. Hart is Executive Vice President, Chief Legal and Administrative Officer of Crocs Inc. He has served as Executive Vice President, Chief Legal and Administrative Officer since January 2010. From June 2009 through December 2009, he served as Executive Vice President of Administration and Corporate Development. Prior to joining the company, Mr. Hart was employed by Océ North America, a digital printing and document management division of Océ, N.V., a manufacturing and engineering company publicly traded on the Euronext Amsterdam stock exchange, where he served as Senior Vice President and General Counsel from 2006 to 2009. From 2004 to 2006, Mr. Hart served as Senior Vice President – General Counsel and Human Resources for Invensys Controls, a global manufacturing and engineering operation within Invensys plc, a public U.K. conglomerate. From 2002 to 2004, Mr. Hart served as Chief Staff Officer for the Development Division of Invensys, a portfolio of disposal companies within Invensys plc. Previously, Mr. Hart’s experience included service in senior legal positions at Dictaphone Corporation and Brooke Group Ltd. and private legal practice in New York City.

Andy Sackmann

Mr. Andy Sackmann has been appointed as Chief Marketing Officer of Crocs, Inc. Sackmann joined Crocs as vice president of marketing in June 2011. In that role, Sackmann also spearheaded the global e-commerce team that supported regional business generating an excess of $100M in revenue across 22 international e-commerce sites. He led the creation of an internal analytics team and standardized data methodology to drive results based changes throughout the e-commerce business. In the traditional marketing space, he worked closely with the regional and corporate marketing teams to connect, define and extend the Crocs brand vision and position to consumers around the globe.

Jeffrey Margolis

Mr. Jeffrey H. Margolis has been appointed as Director of Crocs Inc., with effect from June 5, 2012. He currently serves as Executive Chairman of the Board of WellTok, Inc., a healthcare consumer engagement and social media company, and on several private company boards. From October 1999 to July 2010, he served as Chairman of the Board and Chief Executive Officer of The TriZetto Group, Inc., a healthcare information technology company, and from August 2010 to October 2011, he continued to serve as Chairman of the Board of The TriZetto Group, Inc.

W. Stephen Cannon

Mr. W. Stephen Cannon is Independent Director of Crocs, Inc. Since 2005, he has served as the Chairman of Constantine Cannon LLP, a law firm, and the Managing Partner of Constantine Cannon's Washington D.C. office. From 1994 to 2005, Mr. Cannon was the Senior Vice President, General Counsel and Secretary of Circuit City Stores, Inc., a retailer of consumer electronics, which, at the time, was publicly traded on the New York Stock Exchange. Prior to joining Circuit City Stores, Inc., Mr. Cannon served as a partner at the law firm of Wunder, Diefenderfer, Ryan, Cannon and Thelen and spent ten years in government service, including serving as Chief Antitrust Counsel to the United States Senate Judiciary Committee.

Raymond Croghan

Mr. Raymond D. Croghan is Independent Director of Crocs, Inc., since August 2004. Since 1999, Mr. Croghan has been retired. From 1991 to 1999, Mr. Croghan managed Croghan & Associates, Inc., a healthcare information technology consulting firm, which merged with Margolis Health Enterprise to form The TriZetto Group. Mr. Croghan serves on the boards of directors of several privately-held companies. Mr. Croghan has operated and grown private companies and has served on the boards of several companies in a variety of industries.

Ronald Frasch

Mr. Ronald L. Frasch is Independent Director of Crocs, Inc., since October 2006. Since February 2007, Mr. Frasch has served as President and Chief Merchandising Officer of Saks Fifth Avenue, a division of Saks, Incorporated, a NYSE-listed luxury fashion retailer. From November 2004 until January 2007, he held the post of Vice Chairman and Chief Merchant of Saks Fifth Avenue. From January 2004 to November 2004, he was employed by Saks in a non-executive capacity. From April 2000 to January 2004, Mr. Frasch served as Chairman and Chief Executive Officer of Bergdorf Goodman (a subsidiary of Neiman Marcus Group, Inc.) and served as President of GFT North America (a subsidiary of Gruppo GFT, based in Turin, Italy, a global producer, marketer and distributor of men's and women's clothing, sportswear and furnishings) from 1996 to 2000. Mr. Frasch also served as President and Chief Executive Officer of Escada USA from 1994 to 1996.

Peter Jacobi

Mr. Peter A. Jacobi is Independent Director of Crocs, Inc., since October 2008. Mr. Jacobi was employed by Levi Strauss & Company ("Levi Strauss"), a jeans and casual wear manufacturer, from 1970 until his retirement in 1999. During his 29 years of tenure at Levi Strauss, Mr. Jacobi held various senior levels positions, including President of the Men's Jeans Division, President of Global Sourcing, President of Levi Strauss International, and from 1996 until his retirement, President and Chief Operating Officer. Mr. Jacobi has executive experience in the apparel industry gained through his tenure at Levi Strauss. The apparel industry is similar and complementary to the footwear industry and Mr. Jacobi has provided insights from this industry. In addition, Levi Strauss is an established international brand.

Doreen Wright

Ms. Doreen A. Wright is Independent Director of Crocs Inc. Prior to which she served as Senior Vice President and Chief Information Officer of Campbell Soup Company from 2001 to 2008. Ms. Wright also served as Interim Chief of Human Resources for Campbell Soup Company in 2002. From 1999 to 2001, Ms. Wright served as Executive Vice President and Chief Information Officer for Nabisco Inc. Prior to that, from 1995 to 1998 Ms. Wright held the position of Senior Vice President, Operations & Systems, Prudential Investments, for Prudential Insurance Company of America, and held various positions with American Express Company, Bankers Trust Corporation and Merrill Lynch & Co. Since 2009, Ms. Wright has served on the Board of Directors of Dean Foods Company, a food and beverage company. She also serves on the Board of New Hope Arts, Inc., a regional nonprofit arts center. In addition, Ms. Wright served on the Board of Directors of Citadel Broadcasting Corporation from 2010 to 2011, where she chaired the Compensation Committee; The Oriental Trading Company from 2008 to 2011, where she served on the Audit and Compensation Committees; Yankee Candle Company from 2003 to 2007, where she served on the Compensation and Audit Committees; and Conseco, Inc. from 2007 to 2010, where she served on the Audit and Enterprise Risk Committee. Ms. Wright brings more than 30 years of leadership experience in the financial services and consumer products industries, with emphasis in the area of information technology, operations, and human resources.

Basic Compensation

Options Compensation

Name Options Value

Thomas Smach

0 0

John McCarvel

40,000 501,182

Jeffrey Lasher

10,000 123,100

Scott Crutchfield

50,200 543,154

Daniel Hart

41,667 787,807

Andy Sackmann

0 0

Jeffrey Margolis

0 0

W. Stephen Cannon

0 0

Raymond Croghan

0 0

Ronald Frasch

0 0

Peter Jacobi

0 0

Doreen Wright

0 0
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