Crocs Inc., the Niwot, Colorado, company that makes those rubbery clog shoes, has a new CEO, "footwear veteran" John Duerden, according to Boulder's Daily Camera [2]. Duerden replaces Ron Snyder, who will retire. Connecticut's The Day [3] notes that Duerden was the former president and CEO of Reebok International and comes to Crocs at a "time of intense changes at the company," which has struggled financially. In 2007, Crocs traded around $75 a share but now trades at little more than $1. Duerden most recently has focused on a consulting company, Chrysallis Group, that he created to work on various branding campaigns. Duerden will receive an annual salary of $850,000 along with a $350,000 signing bonus, and about $550,000 in stock. The company, launched by three friends in Boulder, and made millions of dollars. "Then the trouble began," as Robert Sanchez wrote recently for 5280 [4].