Crocs chief operating and transformation officer steps down
Footwear company Crocs
Effective October 14, Boltz will be entitled to the payments and benefits as set forth in her employment offer letter with the company. She will also receive a special one-time discretionary lump sum payment of $419,420, less applicable taxes and withholdings.
Lastly, equity awards previously granted to Boltz under the Company’s 2020 Equity Incentive Plan and any other relevant plans will continue to vest or be cancelled in accordance with the terms.
Boltz has served as executive vice president, chief operations and transformations officer since March 2020. She joined Crocs from TJX Companies, Inc., where she served as president of TJX Digital, from 2011 to 2017. Prior to TJX, she led Chicos
Crocs did not announce a successor on either an interim or permanent basis.
