Fossil Group Appoints Andrew Skobe As The Company's Interim CFO, Effective Immediately
Portfolio Pulse from Benzinga Newsdesk
Fossil Group, Inc. (NASDAQ:FOSL) has appointed Andrew Skobe as the Interim CFO, effective immediately, following the departure of Sunil Doshi. Doshi will stay until July 19, 2024, to ensure a smooth transition. The company is searching for a permanent CFO.
July 01, 2024 | 1:10 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Fossil Group has appointed Andrew Skobe as Interim CFO, replacing Sunil Doshi who will stay until July 19, 2024, to ensure a smooth transition. The company is searching for a permanent CFO.
The appointment of an interim CFO and the departure of the current CFO could create uncertainty among investors. However, the smooth transition plan and the search for a permanent CFO may mitigate potential negative impacts.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100