Crocs appoints former Sysco finance leader, Josef Fonseca, to Treasurer
In a recent press release, Andrew Rees, Chief Executive Officer, said, “Demand for the Crocs brand is stronger than ever with expected 2021 revenue growth of 40% to 50%. In the first quarter we achieved record revenues and profitability, with growth in all regions and all channels. We have raised full year guidance as we continue to see consumer demand for our product accelerate globally.” Crocs was quick to act
In 2020, Crocs donated over 860,000 pairs of shoes globally – valued at $40 million – to healthcare workers on the frontlines of the fight against COVID-19. This year’s effort will bring the total donation amount to more than 900,000 pairs of Crocs shoes.
Josef Fonseca joins Crocs from Sysco where he spent over six years, most recently as the Director of Capital Markets & International Finance. He started at Sysco as the Commercial Finance Manager and elevated his finance responsibility year over year. Prior to joining Sysco, he was the Manager of Corporate Treasury at PepsiCo. He began his finance career as an associate at Corporate Risks Solutions. Fonseca earned his MBA in Finance and International Economics from Pace University – Lubin School of Business.
ON Partners consultant Joe Olson is proud to have partnered with Josef Fonseca and Crocs on this successful appointment. This is the second collaboration with ON and Crocs, having placed Corinne Lin to Vice President of Corporate Finance in 2020. See more finance executive placements here.
Crocs, Inc. (Nasdaq: CROX) is a world leader in innovative casual footwear for women, men, and children, combining comfort and style with a value that consumers know and love. The vast majority of shoes within Crocs’ collection contain Croslite™ material, a proprietary, molded footwear technology, delivering extraordinary comfort with each step.
ON Partners propels an organization’s mission by building C-level and board leadership teams. Founded in 2006 by like-minded consultants as a values-driven alternative to the multi-service global firms they were leaving behind, ON delivers a better executive search experience. Named by Forbes as one of America’s Best Executive Recruiting Firms and to the Inc. 500/5000 Lists seven times, the firm is consistently ranked among the top 20 retained executive search firms in the U.S.
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