Crocs announces departure of CFO Russell Hammer

Crocs Inc. has announced that its chief financial officer, Russell C. Hammer, has resigned the company with effect from Dec. 31st in order to become the CFO of a Chicago-based public company (name not disclosed).
Croc
Crocs store in Germany

Mr. Hammer had served as Crocs’ CFO since January 2008 and held senior-level positions at Motorola for 28 years before joining the footwear company, which currently sells products in 129 coutries.

According to Crocs, a search for Mr. Hammer’s successor is underway. Last month, the company reported that its Q3 revenue had increased 30% to $215.6 million.

Marina Felippe

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