Crocs replaces CFO with ex-Nike VP
BROOMFIELD — Crocs Inc. (Nasdaq: CROX) chief financial officer Susan Healy resigned effective immediately this week and will be replaced by Patraic Reagan, who most recently held that role with product design and technology company SharkNinja Inc. and was previously a vice president at Nike Inc. (NYSE: NKE).
“We are excited to welcome Patraic to Crocs, Inc. as our chief financial officer. Patraic is a seasoned financial professional with a strong public profile and a track record of delivering consistent, profitable growth,” Crocs CEO Andrew Rees said in a prepared statement. “We believe his consumer-centric mindset, robust financial experience in the footwear industry and his international expertise will complement our leadership team in driving long-term shareholder value.”
Reagan’s annual base salary will be $750,000, according to a disclosure made with the U.S. Securities and Exchange Commission, and he will receive a $800,000 signing bonus.
Crocs Inc. chief financial officer Susan Healy resigned effective immediately this week and will be replaced by Patraic Reagan, who most recently held that role with product design and technology company SharkNinja Inc. and was previously a vice president at Nike Inc.
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