Crocs, Inc. Welcomes Patraic Reagan as New CFO and Maintains Q3 Outlook

Crocs, Inc. Welcomes New CFO, Patraic Reagan

In a significant leadership change, Crocs, Inc. (NASDAQ: CROX) announced the appointment of Patraic Reagan as the new Executive Vice President and Chief Financial Officer, effective September 22, 2025. Mr. Reagan succeeds Susan Healy, who resigned on August 28, 2025. Crocs, renowned for its innovative casual footwear, continues to solidify its position in the market amid this transition.

A New Chapter in Crocs' Leadership

Patraic Reagan comes on board with nearly 30 years of financial and operational leadership experience, having previously served as the Chief Financial Officer at SharkNinja, Inc. He has also held various positions at Nike, Inc. over a span of nearly 14 years, showcasing a strong background in the consumer goods sector. Andrew Rees, Chief Executive Officer, expressed excitement over Reagan's addition, highlighting his proven track record in delivering growth and a consumer-focused approach.

Reagan's primary responsibilities will encompass overseeing Crocs' financial strategies, financial planning and analysis, accounting, treasury operations, investor relations, tax, and internal auditing. With his expertise, Crocs aims to enhance its financial stability and shareholder value.

In a statement, Reagan expressed admiration for Crocs, expressing eagerness to unlock untapped potential within the Crocs and HEYDUDE brands. He aims to leverage his international experience and proficiency in leading high-growth companies to help drive sustainable results for the organization.

Transitioning Leadership

Susan Healy's contributions to Crocs have laid a solid foundation, and to ensure a seamless transition, she will remain on as an advisor until October 31, 2025. The Board of Directors and executive leadership team expressed gratitude for her efforts, wishing her well in her future endeavors.

With this strategic leadership shift, Crocs is reaffirming its financial guidance for the third quarter of 2025, ensuring stakeholders and investors of the company's solid performance outlook. Management will also be participating in the Goldman Sachs 32nd Annual Global Retailing Conference on September 3, 2025, providing additional context on the company's strategy moving forward.

Patraic Reagan: A Leader with Experience

Mr. Reagan's professional background is noteworthy. He has worked at various other prominent companies, including Coach, Inc., Ralph Lauren Corporation, Kraft Foods, and Chiquita Brands International. He holds a Bachelor of Arts in Accounting and Finance from the University of Cincinnati, alongside an MBA from the Kelley School of Business at the University of Indiana.

Crocs, Inc. operates out of Broomfield, Colorado, and is recognized as a leader in the casual footwear industry, marketing products across more than 80 countries. The company offers two popular brands, Crocs and HEYDUDE, combining comfort, style, and consumer value in their offerings.

Looking Ahead

As Crocs navigates this leadership transition, it remains committed to its strong financial outlook and growth strategy. By bringing in a leader of Patraic Reagan’s caliber, Crocs aims to reinforce its innovative edge in the footwear market. The path forward looks promising as the company continues to adapt and thrive in the competitive retail landscape.