MARKET WIRE NEWS

FOSSIL GROUP, INC. APPOINTS SHANNON FREEZE AS CHIEF PEOPLE AND COMMUNICATIONS OFFICER

MWN-AI** Summary

Fossil Group, Inc., a prominent global design and marketing company known for its lifestyle accessories, has announced the appointment of Shannon Freeze as its new Chief People and Communications Officer (CPCO), effective February 23, 2026. Shannon will also be joining the Executive Leadership Team and will report directly to CEO Franco Fogliato. In her new role, Freeze will be responsible for overseeing global communications and engagement, human resources, talent management, diversity and belonging, as well as total rewards.

CEO Franco Fogliato expressed enthusiasm over Freeze's appointment, highlighting her ability to enhance Fossil's organizational culture and leadership capabilities due to her diverse industry experience and global perspective. Prior to joining Fossil, Shannon Freeze spent 13 years at Texas Instruments, where she led Global Benefits, People Operations, & Systems. In her tenure there, she played an integral role in talent acquisition, benefits strategy development, and improving the overall employee experience through global organizational design. She previously worked at E.I. du Pont de Nemours, further broadening her HR expertise.

In her statement following the announcement, Freeze conveyed her excitement about her new role, emphasizing her commitment to evolving the company’s talent strategy and fostering a culture that aligns with Fossil's long-term strategic goals. Fossil Group, Inc. is recognized for its wide array of lifestyle products, including watches, jewelry, and handbags, and operates under multiple owned and licensed brands, such as Fossil, Michele, and Michael Kors, thereby underscoring its commitment to innovation and design excellence within the market.

MWN-AI** Analysis

The recent appointment of Shannon Freeze as Chief People and Communications Officer at Fossil Group, Inc. marks a pivotal moment for the company. As a member of the Executive Leadership Team, her extensive background in human resources and global operations will be integral to reshaping Fossil's organizational culture and enhancing talent management initiatives.

Fossil, known for its diverse portfolio of lifestyle accessories, has made strides in revitalizing its brand identity and market presence. Freeze's prior experience at Texas Instruments, where she honed her skills in talent acquisition and benefits strategy, suggests she will implement effective personnel policies that cultivate leadership and employee engagement. This aligns with Fossil's stated goal of evolving its talent strategy and strengthening its organizational capability.

From an investment perspective, this leadership change could enhance Fossil's operational effectiveness and ultimately contribute to improving financial metrics. A focus on diversity, belonging, and effective communication can boost employee morale and productivity, leading to better customer service and potentially increased sales. Investors should monitor how Freeze's initiatives translate into tangible results in the upcoming quarters.

Moreover, given the competitive landscape of the accessories market, Fossil's commitment to innovation and design is crucial. The appointment of a forward-thinking leader like Freeze may indicate a shift towards a more agile and responsive organizational structure, potentially positioning Fossil favorably against its competitors.

In conclusion, current and potential investors should consider how Fossil's focus on internal culture and strategic leadership may influence its stock performance. The appointment signals a transformative approach to HR, essential in navigating the challenges of a rapidly evolving retail environment. Keeping an eye on the company's quarterly reports and employee satisfaction metrics post-transition will be critical in assessing its future trajectory.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

PR Newswire

RICHARDSON, Texas, Feb. 9, 2026 /PRNewswire/ -- Fossil Group, Inc. (NASDAQ: FOSL) ("Fossil" or the "Company") today announced the appointment of Shannon Freeze as Chief People and Communications Officer and a member of the Executive Leadership Team, reporting to CEO Franco Fogliato, effective February 23, 2026.

In this role, she will oversee global communications and engagement, diversity and belonging, human resources, talent management, and total rewards.

"We're thrilled to welcome Shannon to Fossil Group. As Chief People and Communications Officer and a member of the Executive Leadership Team, Shannon will continue to strengthen our culture, leadership, and organizational capability in support of the Company's vision. Her background spans diverse industries, and her extensive international experience grants her a truly global perspective that will enhance our team's outlook," said Fossil's Chief Executive Officer, Franco Fogliato.

Freeze most recently served as Global Benefits, People Operations & Systems Leader at Texas Instruments, a leading semiconductor company known for designing and manufacturing analog chips and embedded processors used in nearly all electronics. During her 13-year tenure, she held various HR leadership positions and was responsible for attracting top talent, developing benefits strategies, and designing a global organization structure to enhance the employee experience. Prior to joining Texas Instruments, Freeze worked at E.I. du Pont de Nemours.

"Fossil has made meaningful progress over the past year, and I am excited to build on that foundation by helping the organization evolve its talent strategy, deepen leadership effectiveness, and ensure the culture fully supports the Company's long-term strategic plan," said Freeze.

About Fossil Group, Inc.

Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include watches, jewelry, handbags, small leather goods, belts and sunglasses. We are committed to delivering the best in design and innovation across our owned brands, Fossil, Michele, Relic, Skagen and Zodiac, and licensed brands, Armani Exchange, Diesel, Emporio Armani, Michael Kors. Skechers and Tory Burch. We bring each brand story to life through an extensive distribution network across numerous geographies, categories, and channels. Certain press release and SEC filing information concerning the Company is also available at www.fossilgroup.com.

SOURCE Fossil Group, Inc.

FAQ**

How might Shannon Freeze's leadership style and experience from Texas Instruments influence the talent management strategies at Fossil Group Inc. FOSL, particularly in the areas of diversity and belonging?

Shannon Freeze's leadership experience at Texas Instruments may foster a data-driven, inclusive approach to talent management at Fossil Group Inc., emphasizing diversity and belonging by implementing strategic initiatives that attract, retain, and promote varied perspectives and backgrounds.

What specific initiatives does Fossil Group Inc. FOSL plan to implement under Shannon Freeze's guidance to enhance employee engagement and cultural support for the long-term strategic plan?

Under Shannon Freeze's guidance, Fossil Group Inc. plans to implement initiatives that focus on enhancing employee engagement through integrated training programs, open communication channels, and a strong emphasis on diversity and inclusion to support its long-term strategic plan.

How will Shannon Freeze's appointment as Chief People and Communications Officer affect Fossil Group Inc. FOSL's global communications strategy and overall organizational capability moving forward?

Shannon Freeze's appointment as Chief People and Communications Officer is poised to enhance Fossil Group Inc.'s global communications strategy and organizational capability through her expertise in fostering a positive corporate culture and engaging stakeholder relationships.

In what ways does Fossil Group Inc. FOSL envision leveraging Shannon Freeze's international experience to strengthen its market presence and employee experience across diverse geographies?

Fossil Group Inc. envisions leveraging Shannon Freeze's international experience to enhance its market presence and employee experience by applying global best practices, fostering cross-cultural collaboration, and tailoring strategies to meet regional consumer needs across diverse geographies.

**MWN-AI FAQ is based on asking OpenAI questions about Fossil Group Inc. (NASDAQ: FOSL).

Fossil Group Inc.

NASDAQ: FOSL

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FOSL Stock Data

$211,459,079
53,034,156
5.53%
16
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Retail - Discretionary
Consumer Discretionary
US
Richardson

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