Fossil Group (NASDAQ: FOSL) CEO takes over duties after CCO exit
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Fossil Group, Inc. reported that Chief Commercial Officer Joe Martin has decided to resign to pursue other interests. His last day with the company will be May 8, 2026.
Chief Executive Officer Franco Fogliato has immediately assumed Martin’s responsibilities, having previously led the company’s commercial sales organization. Fossil Group has begun a search for a successor to the Chief Commercial Officer role.
Positive
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Negative
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Insights
Fossil’s CCO is leaving; CEO temporarily takes over commercial duties.
Fossil Group disclosed that Chief Commercial Officer Joe Martin will resign, with his last day on May 8, 2026. Leadership over the commercial sales organization is important because it directly supports revenue generation and customer relationships.
CEO Franco Fogliato has stepped in to handle Martin’s responsibilities, and he previously led this function. The company has started a search for a new CCO, so future updates on that hiring will clarify the longer-term commercial leadership structure.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Resignation decision date: April 24, 2026
Last day of employment: May 8, 2026
2 metrics
Resignation decision date
April 24, 2026
Date Joe Martin informed Fossil Group of his decision to resign
Last day of employment
May 8, 2026
Final employment date for Chief Commercial Officer Joe Martin
Key Terms
Chief Commercial Officer, Emerging growth company, Section 13 or 15(d) of the Securities Exchange Act of 1934, Form 8-K
4 terms
Chief Commercial Officer financial
"resign from his position as Chief Commercial Officer of the Company"
A chief commercial officer (CCO) is the senior executive responsible for a company’s revenue-generating activities, including sales, marketing, pricing, customer relationships and business development. Think of the CCO as the head coach who builds the game plan to win customers and grow sales; their effectiveness affects how fast a company earns money, enters new markets and sustains profits, making the role a key signal for investors about future revenue and competitive strength.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Section 13 or 15(d) of the Securities Exchange Act of 1934 regulatory
"Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934"
Form 8-K regulatory
"FORM 8-K Pursuant to Section 13 or 15(d)"
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 24, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of | (Commission File Number) | (IRS Employer | ||||||||||||
| incorporation or organization) | Identification No.) | |||||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant’s telephone number, including area code: (972 ) 234-2525
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Title of each class | Ticker Symbol | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 24, 2026, Joe Martin informed Fossil Group, Inc. (the “Company”) of his decision to resign from his position as Chief Commercial Officer of the Company to pursue other interests. Mr. Martin’s last day of employment with the Company will be May 8, 2026. Franco Fogliato, Chief Executive Officer, will assume Mr. Martin’s responsibilities effective immediately. Mr. Fogliato was previously responsible for the Company’s commercial sales organization from the time he joined the Company until Mr. Martin’s hiring. The Company has initiated a search for a successor to Mr. Martin.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: April 27, 2026 | ||||||||
| FOSSIL GROUP, INC. | ||||||||
| By: | /s/ Randy S. Hyne | |||||||
| Randy S. Hyne | ||||||||
| Chief Legal Officer and Secretary | ||||||||
FAQ
Why is Fossil Group (FOSL) filing this Form 8-K?
Fossil Group filed this Form 8-K to disclose the resignation of its Chief Commercial Officer, Joe Martin. SEC rules require public companies to report significant executive officer changes, so investors are informed about leadership transitions affecting key operational areas.
Which executive is leaving Fossil Group (FOSL) and what is his role?
Joe Martin is resigning as Chief Commercial Officer of Fossil Group. The role oversees the company’s commercial sales organization, which focuses on selling products and managing customer and retail relationships, making it a key position for revenue-generating activities and market execution.
When will Fossil Group’s Chief Commercial Officer Joe Martin depart?
Joe Martin informed Fossil Group of his decision to resign on April 24, 2026, and his last day of employment will be May 8, 2026. This provides a short transition window during which responsibilities shift to the Chief Executive Officer.
Who will handle commercial responsibilities at Fossil Group (FOSL) after Joe Martin resigns?
Chief Executive Officer Franco Fogliato will assume Joe Martin’s responsibilities effective immediately. Fogliato previously led Fossil Group’s commercial sales organization before Martin’s hiring, so he has direct experience overseeing this function while the company searches for a new Chief Commercial Officer.
Is Fossil Group (FOSL) planning to replace its departing Chief Commercial Officer?
Yes. Fossil Group stated that it has initiated a search for a successor to Joe Martin as Chief Commercial Officer. This indicates the company intends to refill the senior commercial leadership role rather than eliminate or permanently consolidate the position under the CEO.