Fossil, Inc. Adds Greg McKelvey to Senior Leadership Team
RICHARDSON, Texas, Feb. 11, 2013 (GLOBE NEWSWIRE) -- Fossil, Inc.
(Nasdaq:FOSL) (the "Company") announced today that Greg McKelvey has joined
the Company as Senior Vice President, Chief Strategy and Marketing Officer.
Greg most recently served as Executive Vice President, Chief Strategy and
Transformation Officer for Dean Foods Corporation, where he was responsible
for corporate and business unit strategy, transformation management, marketing
services and information technology.
"We are very excited to have Greg join Fossil," remarked Kosta Kartsotis,
Chairman and Chief Executive Officer. "His extensive experience in executing
strategic plans and leading marketing services will benefit us as we continue
to drive our global businesses."
Fossil is a global design, marketing and distribution company that specializes
in consumer fashion accessories. The Company's principal offerings include an
extensive line of men's and women's fashion watches and jewelry sold under
proprietary and licensed brands, handbags, small leather goods, belts,
sunglasses, soft accessories, shoes and clothing. In the watch and jewelry
product categories, the Company's offerings include a diverse portfolio of
globally recognized proprietary and licensed brand names under which its
products are marketed. The Company's extensive range of accessory products,
brands, distribution channels and price points allows it to target
style-conscious consumers across a wide age spectrum on a global basis. The
Company's products are sold to department stores, specialty retail stores and
specialty watch and jewelry stores in the U.S. and in approximately 120
countries worldwide through 26 Company-owned foreign sales subsidiaries and a
network of approximately 60 independent distributors. The Company also
distributes its products in over 400 Company-owned and operated retail stores
and through international e-commerce websites and the Company's U.S.
e-commerce website at www.fossil.com, where certain product, press release and
SEC filing information concerning the Company are also available.
The Fossil, Inc. logo is available at
CONTACT: Dennis Secor
Chief Financial Officer
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