Fossil, Inc. (Nasdaq:FOSL) (the "Company") today announced the appointment of Dennis R. Secor as Executive Vice President, Chief Financial Officer and Treasurer effective December 10, 2012. Mr. Secor will report directly to Kosta N. Kartsotis, Chief Executive Officer.<br /><br />"We are very excited to have Dennis join our team. He brings diverse industry and international experience along with strong business and customer focus.  Dennis has a proven ability to lead teams and drive strategic growth initiatives which make him an excellent fit for Fossil at this stage of our lifecycle," said Mr. Kartsotis.<br /><br />As previously announced, Mike L. Kovar, the Company's current Executive Vice President, Chief Financial Officer and Treasurer, will retire from the Company in March 2013.  Effective with the appointment of Mr. Secor on December 10, 2012, Mr. Kovar will resign as Chief Financial Officer and Treasurer and assist Mr. Secor as he transitions into his new role with the Company.<br /><br />Mr. Secor currently serves as Senior Vice President and Chief Financial Officer for Guess?, Inc. Guess? designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, footwear and other fashion accessories. Guess? is publicly traded and is listed on the New York Stock Exchange under the ticker symbol GES. Mr. Secor joined Guess? in July 2006. Prior to joining Guess?, Mr. Secor served as Vice President and Chief Financial Officer for Electronic Arts (Canada), Inc. from August 2004 until July 2006. Electronic Arts develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, tablets and electronic readers, and the Internet.<br /><br />Mr. Secor received his Bachelor of Business Administration – Accounting from the University of San Diego.