#United States #CFO #Richardson #Fossil Group #Randy Greben

Introduction

On March 12, 2025, Fossil Group, Inc. made an important announcement regarding its leadership team. The company appointed Randy Greben as the new Chief Financial Officer (CFO), effective March 17. This strategic decision comes after a period of transition for the company, as Greben steps in to replace Andrew Skobe, who served as the Interim CFO.

Randy Greben’s Background

Randy Greben brings with him a wealth of experience in financial leadership roles spanning over two decades. His track record includes significant accomplishments in transforming businesses, which positions him as a valuable asset for Fossil Group during this pivotal moment in its journey. Prior to joining Fossil, Greben held the position of Chief Financial and Operating Officer at Casper Sleep, Inc., where he achieved remarkable results by improving the company’s balance sheet and overseeing a successful sale of the Canadian division.

Before his time at Casper, Greben was the Chief Financial Officer at Blue Apron, a meal kit subscription service. There, he played a critical role in strategic financial actions that included debt refinancings and capital-raising initiatives. His leadership was instrumental in steering the company through critical governance changes and operational transformations.

Additionally, Greben has experience from his tenure at ANN Inc. as the Senior Vice President and CFO, overseeing finance for brands like Ann Taylor and LOFT. He also served as the CFO and General Manager at Quidsi, a subsidiary of Amazon famous for its online stores focusing on household products.

The Role Ahead

In his new role at Fossil, Greben will lead the company’s global financial strategy, with a focus on executing a financial turnaround and enhancing business transformation efforts. Fossil’s CEO, Franco Fogliato, expressed enthusiasm regarding Greben's appointment, highlighting his deep financial expertise and operational knowledge as crucial elements for achieving the company’s goals.

Fogliato stated, “Randy is a proven leader and change agent. His appointment will add tremendous value to our team as we pursue our turnaround plan and focus on value creation for all our stakeholders.”

Fossil Group’s Vision

Fossil Group, Inc. operates as a global design, marketing, and distribution company with a robust portfolio of lifestyle accessories. Their offerings include watches, jewelry, handbags, and small leather goods, marketed under both owned and licensed brands.

The company has established itself as a significant player in the consumer accessories market, known for innovation and captivating designs. By appointing a CFO with Greben's credentials, Fossil aims to bolster its leadership capability and accelerate its strategies for long-term profitable growth.

Conclusion

As the company embarks on this new chapter with Randy Greben at the financial helm, stakeholders and consumers alike will be keenly observing Fossil Group's initiatives in stabilizing and enhancing its financial health. With a commitment to delivering the best in design and innovation, Fossil continues to inspire confidence in its value proposition amid a dynamic market landscape.