Crocs CEO John McCarvel Receives Turnaround Executive of the Year Stevie Award® at 9th Annual American Business AwardsSM
June 23 2011 - 4:01PM
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.
Crocs CEO John McCarvel (Photo: Business
Wire)
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™ 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™ footwear provides
profound comfort and support for any occasion and every season. All
Crocs™ branded shoes feature Croslite™ material, a proprietary,
revolutionary technology that produces soft, non-marking, and
odor-resistant shoes that conform to your feet.
Crocs™ products are sold in 90 countries. Every day, millions of
Crocs™ 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.
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