Fossil Group names new CFO

Fossil Group announced on Thursday the appointment of Randy Greben to the role of chief financial officer, effective March 17. 

Greben succeeds Andrew Skobe, the U.S. watchmaker’s interim chief financial officer. 

Greben will oversee Fossil Group’s global financial strategy, focusing on leading the organization’s financial turnaround and business transformation.

With more than two decades of financial leadership experience, Greben joins Fossil from Casper Sleep, where he served as chief financial and operating officer. Before that, the executive served as chief financial officer and treasurer of Blue Apron, after serving as senior vice president and chief financial officer at apparel retailer Ann Inc., where he was responsible for several new business activations for the Ann Taylor, Loft, and Lou & Grey brands.

Earlier in his career, Greben served as chief financial officer and general manager at Quidsi, a subsidiary of Amazon.com with flagship websites Diapers.com, Soap.com, and Wag.com.  

“We are thrilled to welcome Randy, who brings deep financial acumen and operating expertise to the Company,” said Fossil Group chief executive officer, Franco Fogliato.

“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.” 

Last month, ​Fossil Group announced an extension of its long-standing licensing agreement with luxury fashion brand Michael Kors, securing their partnership through 2027. 
 
“For decades, Fossil Group and its iconic global brands have been part of the consumer experience,” said Greben. “I am thrilled to join the team at this pivotal time in the company’s turnaround to help advance their strategies and build long-term shareholder value.”