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Crocs Inc., the maker of plastic clogs, saw its stock drop Friday in response to a leadership change

Its fourth-quarter net loss was $11.4 million, or 13 cents a share, Niwot-based Crocs reported Thursday after U.S. exchanges closed. Crocs plunged another 74 cents, or 9.5 percent, to close at $7.05 Friday on the Nasdaq exchange.

John Duerden, 69, will leave the CEO job and the company’s board Monday. Chief operating officer John McCarvel, 53, will replace him.

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