Sebastian Digrande and Chandhu Nair Elected to Fossil Group Board of Directors; Wendy Schoppert Elected Chair of the Board
Key Highlights
- ➤Sebastian DiGrande and Chandhu Nair elected to Fossil Group (FOSL) board
- ➤Wendy Schoppert elected board chair, effective October 2, 2026
- ➤Board expands to seven members, including six independent directors
- ➤DiGrande appointed to Compensation and Talent Management Committee
- ➤Nair appointed to Audit Committee
Expert Statements
Franco Fogliato, CEO of Fossil Group
“We are pleased to welcome Sebastian and Chandhu to Fossil Group’s Board. Their expertise across global brands, technology and customer experience at scale will be instrumental as we further advance our turnaround plan”
Franco Fogliato, CEO of Fossil Group
“We look forward to partnering with them as we continue to engage consumers through innovation, technology and impactful storytelling to deliver long-term, profitable growth.”
Wendy Schoppert, Chair of the Board of Fossil Group
“Sebastian and Chandhu have decades of expertise that is highly relevant to the Company’s business strategy. We are confident they will bring valuable perspectives to the Board as we build the Fossil Group of the future and drive durable value creation for all of our stakeholders.”
Sebastian DiGrande, Director of Fossil Group; CEO of PCX Markets
“I am pleased to join the Board of an industry leader with such a rich heritage in watchmaking”
Sebastian DiGrande, Director of Fossil Group; CEO of PCX Markets
“I am impressed with the Company’s iconic brands, strengthened operating model and talented teams, all underpinned by a commitment to delivering the best in design and innovation to customers around the world. I’m excited and honored to contribute to this bright future for the Fossil business.”
Chandhu Nair, Director of Fossil Group; Senior Vice President and Chief AI Officer at Target Corporation
“I am honored to join the Fossil Group Board at an important point in the Company’s transformation. Fossil has an iconic portfolio of brands and a strong heritage of design and innovation. I look forward to working with the Board and management team as the Company builds on that foundation and advances the next phase of its strategic journey.”
RICHARDSON, Texas, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (NASDAQ: FOSL) today announced that Sebastian DiGrande and Chandhu Nair were elected to the Board of Directors at the Company’s Annual Meeting of Stockholders held on October 2, 2026. Mr. DiGrande was appointed as a member of the Compensation and Talent Management Committee and Mr. Nair was appointed as a member of the Audit Committee. Wendy Schoppert, who joined the Company’s Board of Directors in May 2025, was elected Chair of the Board of Directors, effective October 2, 2026. The Company’s Board of Directors now consists of seven members, of which six are independent directors.
The two new Directors are seasoned executives with deep expertise in global retail, enterprise technology, digital & omnichannel commerce. The new Directors reflect Fossil Group’s commitment to further advancing its turnaround plan and delivering long-term value to shareholders, customers, associates and partners.
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