Crocs CFO Jeff Lasher resigns

Crocs has announced that Jeff Lasher, senior vice president and chief financial officer, is leaving the company to pursue other interests. Lasher, who joined Crocs in 2009 and was named chief financial officer in 2011, will remain with the company through early November. He plans to join West Marine, Inc. as chief financial officer in November.

Mike Smith, senior vice president for finance, has been named interim chief financial officer effective October 1st and will work closely with Lasher during a transition period. Smith joined Crocs earlier this year after a long career in finance, including several chief financial officer roles. Smith spent nearly two years as division senior vice president for finance at Wolverine Worldwide and, prior to its acquisition, Collective Brands Performance & Lifestyle Group, which included the Sperry Top-Sider, Saucony, Keds and Stride Rite brands.

"For the past six years, Jeff Lasher has played a key role in leading the company through major transitions, including the strategic repositioning that Crocs has been going through during the past year," said Gregg Ribatt, Crocs Chief Executive Officer.

“Mike Smith is a hands-on, strategic business leader with significant senior-level finance and business experience in the footwear and apparel industry,” added Ribatt.