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

Fossil Group (NASDAQ: FOSL) appointed Shannon Freeze as Chief People and Communications Officer, effective February 23, 2026.

Rhea-AI Summary

Fossil Group (NASDAQ: FOSL) appointed Shannon Freeze as Chief People and Communications Officer, effective February 23, 2026. She will report to CEO Franco Fogliato and join the Executive Leadership Team overseeing global communications, diversity and belonging, human resources, talent management, and total rewards.

Freeze joins from Texas Instruments after a 13-year tenure and previously worked at DuPont, bringing international HR and benefits experience to support Fossil's organizational and culture objectives.

Positive

• Appoints an HR leader with 13-year tenure at Texas Instruments
• Role centralizes global communications, HR, talent, and rewards under one executive

Negative

• None.

Argus Feb 9 session

+9.68% close to close Open Argus

Details

News Market Reaction – FOSL

In the Feb 9 session, FOSL gained 9.68%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +9.7% in the session following this news. A strong positive reaction aligns with the...

Analysis

The stock moved +9.7% in the session following this news. A strong positive reaction aligns with the constructive tone of this leadership appointment. Shares already traded above the 200-day MA of $2.44 at $3.41 before the news and have a history of reacting sharply to corporate developments. Investors could weigh this hire against existing capital-raising flexibility under the $150,000,000 shelf and prior restructuring steps when assessing durability of any outsized move.

Key Figures

Effective date: February 23, 2026 Tenure at Texas Instruments: 13 years

Effective date

February 23, 2026

Start date for Chief People and Communications Officer role

Tenure at Texas Instruments

13 years

HR leadership roles before joining Fossil Group

Historical Context

5 past events · Latest: Nov 13

5 events

1. Nov 13

   Q3 2025 earnings

   24h Move

   -9.1%

   Quarter showed net sales decline and operating and net losses vs prior year.

2. Nov 10

   Debt restructuring order

   24h Move

   +5.3%

   Court sanctioned plan cancelling 7.00% 2026 notes and issuing new 2029 secured notes.

3. Nov 06

   Plan meeting approval

   24h Move

   -12.2%

   Creditors approved restructuring plan for US$150,000,000 7.00% Senior Notes.

4. Nov 04

   Sanction evidence update

   24h Move

   +4.6%

   Update on access to evidence and schedule for noteholder plan meeting and hearing.

5. Oct 30

   Plan meeting notice

   24h Move

   +0.5%

   Announcement of creditor plan meeting date and timeline for potential sanction hearing.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fossil-group-inc-appoints-shannon-freeze-as-chief-people-and-communications-officer-302680854.html

SOURCE Fossil Group, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Shannon Freeze start as Chief People and Communications Officer at FOSL?

She begins on February 23, 2026. According to the company, the appointment will have her reporting to CEO Franco Fogliato and joining the Executive Leadership Team.

What responsibilities will Shannon Freeze hold at Fossil (FOSL)?

She will oversee global communications, diversity and belonging, HR, talent management, and total rewards. According to the company, these areas will report into her role on the Executive Leadership Team.

What is Shannon Freeze's background before joining Fossil (FOSL)?

Freeze spent 13 years at Texas Instruments in HR leadership and previously worked at DuPont. According to the company, her experience includes benefits, people operations, and global organization design.

Who will Shannon Freeze report to at Fossil (FOSL) and what is the strategic intent?

She will report to CEO Franco Fogliato as an Executive Leadership Team member. According to the company, her appointment aims to strengthen culture, leadership, and organizational capability aligned with Fossil's strategy.