UPDATE 1-Crocs CFO resigns; shares slip

* Search for successor underway * Hammer to take over as CFO
of Chicago-based public co

* Shares fall 2 pct

Dec. 22 (BestGrowthStock) – Shoe maker Crocs Inc (CROX.O: ) said its
Chief Financial Officer Russell Hammer resigned to head the
financial team at a Chicago-based public company.

The company, which installed John McCarvel as Chief
Executive Officer earlier this year after the sudden retirement
of former CEO John Duerden, said a search for Hammer’s
successor is underway.

Hammer has been the company’s CFO since January 2008, prior
to which he spent three decades with mobile phone and wireless
services provider Motorola Inc (MOT.N: ).

Niwot, Colorado-based Crocs’ shares fell 2 percent to
$18.35 in extended trade on Wednesday. They closed at $18.69 on
Nasdaq.
(Reporting by Viraj Nair in Bangalore; Editing by Roshni
Menon)

UPDATE 1-Crocs CFO resigns; shares slip