2022-06-10 | NYSE:BRIDGE | Press release

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David Laffitte resign as chief operating officer

GOLETA, Calif., June 10, 2022 /PRNewswire/ — Deckers Brands (NYSE: DECK), a global leader in the design, marketing and distribution of innovative footwear, apparel and accessories, today announced the promotion of Angela Ogbechie to the newly created position of Director of Supply Chain, June 24, 2022. Ogbechie has held various operational positions at Deckers since 2008, most recently as SVP, Global Operations & Supply Chain Strategy. In his new role, Ogbechie will oversee all activities related to global supply chain operations and the logistics organization. She will become a member of the management team, reporting directly to Dave PowersCEO and President of Deckers Brands.

Ogbechie’s promotion follows David Lafitte’s decision to step down as chief operating officer to accept another opportunity, effective June 24, 2022. The supply chain functions that currently fall under Laffitte will now report to the Director of Supply Chain, with other functions devolved to the appropriate leaders from the Deckers management team.

“Angela is a perfect fit for this new role, bringing the right mix of expertise and creativity from her 14 years of working in all aspects of Deckers’ global supply chain operations,” Powers said. “Our logistics network was instrumental in our record success in fiscal year 2022, and we expect it to continue to play a significant role in our overall operations going forward. I would like to thank David for his many years of service to Deckers, in particular his leadership in developing a world-class supply chain organization during his last seven years as COO. I am confident that Angela will pick up where he left off. “is shut down and will bring new innovations to our supply chain as we continue to drive business growth. I’m excited for what lies ahead and wish David the best for the next chapter in his career.” “

“I am honored to take on this new role, especially at such an important time in the evolution of our supply chain and logistics network,” Ogbechie said. “As David leaves big shoes to fill, I look forward to working alongside the talented and dedicated team at Deckers to support our continued growth.”

Laffitte said: “I am proud of the Deckers team for all that we have accomplished. I have had the privilege of leading an incredible team and creating value for stakeholders in the midst of several unprecedented global events, while continuing to have a positive impact on the communities we serve. With Deckers in its strongest position yet, I am confident that I will follow Deckers’ future success for years to come.”

About Deckers Brands

Deckers Brands is a global leader in the design, market and distribution of innovative footwear, apparel and accessories developed for casual everyday wear and high performance activities. The Company’s brand portfolio includes UGG®, Koolaburra®, HOKA®, Teva® and Sanuk®. Deckers Brands products are sold in more than 50 countries and territories through select department and specialty stores, company-owned and operated retail stores, and select online stores, including company-owned websites. . Deckers Brands has over 40 years of history building niche footwear brands into lifestyle market leaders, attracting millions of loyal consumers worldwide. For more information, please visit www.deckers.com.

Forward-looking statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, which statements are subject to substantial risks and uncertainties. Forward-looking statements include all statements other than statements of historical facts contained in this press release, including statements regarding the future growth and success of our brands. We have attempted to identify forward-looking statements by using words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “should”, “will” or “would” and similar expressions or the negative of these expressions.

Forward-looking statements represent our management’s current expectations and forecasts regarding trends affecting our business and our industry and are based on information available at the time such statements are made. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy or completeness. Forward-looking statements involve numerous known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements anticipated, assumed or implied by the forward-looking statements. Certain of the risks and uncertainties that could cause our actual results to differ materially from those expressed or implied by these forward-looking statements are described in the section entitled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended. March 31, 2022as well as in our quarterly reports on Form 10-Q and other filings with the Securities and Exchange Commission.

Any forward-looking statement we make in this press release is based solely on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable law or the listing rules of the New York Stock Exchange, we expressly disclaim any intention or obligation to update any forward-looking statements, or to update the reasons why actual results could differ materially from those expressed or implied by such forward-looking statements. – forward-looking statements, whether to conform such statements to actual results or to changes in our expectations, or as a result of the availability of new information.

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SOURCE Deckers Brands

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