On February 1, 2024, Dave Powers announced his intention to retire from his position as President of Deckers Outdoor Corporation, effective August 1, 2024. Following the Retirement Date, the Company expects Mr. Powers will continue to serve as a member of the board of directors of the Company, subject to compliance with the terms of the Company's certificate of incorporation and bylaws, as such may be amended from time to time. To the extent Mr. Powers continues to serve as a director following the Retirement Date, the Company expects he will receive director compensation consistent with the terms of the Company's standard non-employee director compensation policy.

On February 1, 2024, the Company announced that Stefano Caroti will be appointed as President, effective August 1, 2024. Mr. Caroti, age 60, was appointed as the Company's Chief Commercial Officer in April 2023. Prior to this, he served as the Company's President of Omni-Channel since November 2015 and as Interim President of HOKA since May 2022.

He has over 32 years of industry experience in general management, sales, retail, product, marketing, business strategy and brand management. Prior to joining the Company, Mr. Caroti was the Chief Commercial Officer and Managing Director at PUMA, from August 2008 to December 2014, where he was responsible for PUMA's global wholesale, retail and e-commerce divisions and PUMA's geographic operating regions. Prior to that, he held a number of senior executive positions at NIKE Inc. in general management, sales, product and marketing, and during his term as Vice President of EMEA Commerce, he was responsible for the entire wholesale, retail and e-commerce business in the EMEA region.

He received a B.A. with honors from Middlebury College.