NIWOT, Colo., Jun 23, 2011 (BUSINESS WIRE) --
Crocs,
Inc. (NASDAQ: CROX) today announced that John McCarvel, the
company's chief executive officer and president, was awarded the Stevie
Award for turnaround executive of the year at the 2011 American Business
Awards, which were held on Monday, June 20, 2011. McCarvel was honored
for his role in leading Crocs' turnaround strategy over the past year,
which helped the company return to profitable growth and become one of
the best-performing stocks of 2010.
Stevie Awards were presented in more than 40 categories including
turnaround executive of the year, best overall company of the year, and
best new product of the year. More than 2,800 entries from organizations
of all sizes and in virtually every industry were submitted for
consideration.
McCarvel was named Crocs' CEO and president in February 2010, after
previously serving as the company's chief operating officer and
executive vice president. Since being named CEO, the company has:
-
Expanded its product offerings, bringing the total number of Crocs(TM)
shoe styles to more than 250 including sneaker and boots, which allows
Crocs to become a viable four-season brand
-
Opened 61 new Crocs retail stores worldwide in 2010, as well as
increasing online presence so consumers can shop the brand from
anywhere
-
Reinvigorated its corporate social responsibly platform, Crocs Cares,
which is focused on helping to make a difference in the lives of
children and families in need through initiatives that positively
impact the environment, employees and local and global communities
-
Drove the stock price up by more than 200% with the first full year
profitability since 2007
"This award speaks to all we have accomplished at Crocs over the past
year and all the hard work that has gone into making our company the
strong organization it is today," said McCarvel. "I'm happy to accept
this award on behalf of our global employee team, who truly are the
heart of the company, each working hard to make this turnaround happen."
More than 200 executives across the country participated in the judging
process to determine the Finalists and Stevie Award winners. Details
about The American Business Awards and a list of honorees in all
categories are available at www.stevieawards.com/aba.
About Crocs, Inc.
A world leader in innovative casual footwear for men, women and
children, Crocs, Inc. (NASDAQ: CROX), offers several distinct shoe
collections with more than 250 styles to suit every lifestyle. As
lighthearted as they are lightweight, Crocs(TM) footwear provides profound
comfort and support for any occasion and every season.All Crocs(TM)
branded shoes feature Croslite(TM) material, a proprietary, revolutionary
technology that produces soft, non-marking, and odor-resistant shoes
that conform to your feet.
Crocs(TM) products are sold in 90 countries. Every day, millions of
Crocs(TM) shoe lovers around the world enjoy the exceptional form,
function, versatility and feel-good qualities of these shoes while at
work, school and play.
Visit www.crocs.com
for additional information.
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business
Awards, The International Business Awards, the Stevie Awards for Women
in Business, and the Stevie Awards for Sales & Customer Service.Honoring
companies of all types and sizes and the people behind them, the Stevies
recognize outstanding performances in the workplace worldwide.Learn
more about The Stevie Awards at www.stevieawards.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6772252&lang=en
SOURCE: Crocs, Inc.
Crocs, Inc.
Shelley Weibel, 303-848-7197
sweibel@crocs.com