Crocs hires Rees as president; CEO search continues
Last Updated: 17:52 May 13, 2014
Rees also will handle the role of principal executive officer until the company finds a replacement for CEO John McCarvel who departed the company April 30.
Rees, a consumer brand management expert will join the company in early June. He joins Crocs from LEK Consulting, a global management consulting firm with offices across Europe, the Americas and Asia-Pacific. He founded and led LEK's retail and consumer products practice for 14 years, building the practice into one of LEK's major consulting areas.
Rees previously held senior leadership positions at Reebok International, where he served as vice president of strategic planning and vice president of retail operations. He is a graduate of London University's Imperial College of Science and Technology.
"Andrew Rees is a proven leader in consumer products branding, marketing and retailing, with a long track record of business success," said Thomas J. Smach, Crocs' chairman of the board who is serving as interim CEO.
Earlier this year, investment and advisory firm Blackstone invested $200 million in Crocs.
"We partnered with Blackstone because we believe their consumer and retail investing experience, coupled with their network of value-added resources, makes them a strong partner for Crocs," Smach said.
More breaking news...
CEOs: Health care administrative costs still rising
Lacy replaces Kam Mofid, who left the company to pursue other interests, according to a
Brewery takes space in former Butterball building
New Belgium hosting roundtable on EPA water rule