Fossil Group Welcomes Pamela Edwards and Wendy Schoppert to Board of Directors

Fossil Group Expands Board of Directors

Fossil Group, Inc., a prominent player in the lifestyle accessories market, has recently taken a significant step to bolster its leadership team by appointing Pamela Edwards and Wendy Schoppert to its Board of Directors. This decision comes into effect on May 16, 2025, and marks a notable milestone as the company's board now comprises ten members, with nine of them being independent directors.

Pamela Edwards brings a wealth of experience to the table, having held various leadership positions across several major companies. Currently, she is associated with The Azek Company, Olaplex, and Citi Trends. Her past roles include impactful positions at Hibbett, Inc., Neiman Marcus Group, and a stretch as the Chief Financial Officer at Citi Trends. Her tenure in retail operations and strategic transformations has equipped her with a unique perspective that will be invaluable to Fossil as it navigates its turnaround plan.

In her remarks, Edwards expressed excitement about joining Fossil Group, acknowledging the company's rich legacy of innovation and design. She conveyed her commitment to contributing to the company's growth and transformation alongside the dynamic team of directors and leaders.

Wendy Schoppert, on the other hand, is equally distinguished in her career, having served on multiple boards, including The ODP Corporation and DaVita Inc. Her executive career at Sleep Number Corporation, where she held several key positions, adds a robust strategic viewpoint related to finance, digital transformation, and governance. Wendy's extensive background in both the public and private sectors positions her ideally to support Fossil's future endeavors.

Schoppert shared her enthusiasm about stepping onto the board at this transformative time for Fossil Group, reiterating her eagerness to assist the leadership team in strengthening the company's core business and enhancing shareholder value.

A Shift Towards Long-Term Value

The appointments of Edwards and Schoppert are part of Fossil’s broader strategy to revitalize its brand and business operations. Kevin Mansell, Chairman of the Board, commented on the significance of these additions, noting that their leadership and industry insights would be crucial in advancing the company’s turnaround strategy and building long-term value for shareholders. With high expectations for the future, the team at Fossil Group now embarks on the next chapter of its journey with the backing of seasoned professionals who have demonstrated their excellence in various sectors.

About Fossil Group, Inc.

Fossil Group, Inc. is recognized as a global innovator in design, marketing, and distribution, specializing in a variety of lifestyle accessories, including watches, jewelry, handbags, and more. With a diverse portfolio that encompasses both owned and licensed brands, Fossil remains dedicated to delivering exceptional design and innovation while leveraging its rich heritage in the accessories market. As the company progresses with its turnaround plan, the insights and expertise of newly appointed board members are anticipated to play a pivotal role in shaping its future strategies, driving performance, and fostering sustainable growth. For more information about Fossil Group and its offerings, visit www.fossilgroup.com.

Conclusion

As Fossil Group continues to evolve in a competitive market, the inclusion of Pamela Edwards and Wendy Schoppert in its Board of Directors signifies a strategic move aimed at reinforcing its governance and operational efficiency. Their combined expertise across various fields is expected to guide the company toward a prosperous future, supporting both innovation and sustainability in its core offerings. The future looks bright as Fossil aims to enhance its market position while remaining committed to quality and design excellence.