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28.02.2023

Dr Erik Massmann appointed as new Group CFO

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Linz am Rhein (Rhineland-Palatinate), February 28, 2023 – Dr. Erik Massmann is taking over the position of Chief Financial Officer (CFO) of the Group with immediate effect. He succeeds Rob Hull, who is taking on new responsibilities outside the company. Erik Massmann will continue to manage the Finance division within the existing structure overseeing Global Finance, Finance Americas and Finance Europe (both regions with dotted-line reporting), Tax, Treasury, HR, Investor Relations and Internal Sourcing. Being part of the global leadership team, Erik Massmann will report directly to Oliver Reichert, CEO of the BIRKENSTOCK Group.

Erik Massmann brings 30 years of professional experience to the job, including more than 20 years as CFO in various companies and industries. After starting his career, Massmann, who holds a doctorate in economics, first worked in the corporate finance department of the cooperative DG Bank AG (today: DZ Bank AG) for several years before joining the software company IBS as CFO, where he was responsible for finance, controlling, HR, and investor relations. Subsequently, he held different management positions in the healthcare, IT, sports and fashion industries and also gained experience in the private equity sector.

Most recently he was CFO at Wunschgutschein GmbH before joining BIRKENSTOCK in November 2022. In the ongoing business transformation in Europe, he demonstrated leadership from the very first moment and delivered fast results, thus recommending himself for the position of Group CFO. His previous position of Vice President Finance Europe will be filled; the search for a suitable successor is already underway.

About BIRKENSTOCK

BIRKENSTOCK is a global brand which embraces all consumers regardless of age, social and educational background, ethnicity or gender and which is committed to a clear purpose - maintaining foot health.  Deeply rooted in studies of the biomechanics of the human foot and footed on a family tradition of shoemaking that can be traced back to 1774, BIRKENSTOCK is a timeless "super brand" with a brand universe that transcends product categories and ranges from entry-level to luxury price points while addressing the growing need for a conscious and active lifestyle.  Function, quality and tradition are the core values of the lifestyle brand which features products in the footwear, sleep systems and natural cosmetics segments.  BIRKENSTOCK is the inventor of the footbed and has shaped the principle of walking as intended by nature (“naturgewolltes Gehen”).

With around 5,500 employees worldwide, the fast-growing family business in its sixth generation is one of the oldest still active companies with German roots and one of the largest employers of the industry.  BIRKENSTOCK manufactures almost exclusively in its own production facilities, which goes hand in hand with a high level of transparency and control over its manufacturing conditions.  BIRKENSTOCK products are sold in over 100 countries on all continents.

BIRKENSTOCK runs 16 operational sites in Germany, in the states of North Rhine-Westphalia, Rhineland-Palatinate, Hesse, Bavaria, Saxony, and Mecklenburg-Western Pomerania, where a new plant is currently being built with investments of EUR 120 million.  Headquartered in Linz am Rhein, the BIRKENSTOCK Group also operates its own sales offices in the United States and Canada as well as in Brazil, China, Hong Kong, Japan, Denmark, Poland, Switzerland, Sweden, Spain, the United Kingdom, France, Norway, Dubai and India.

Since 2021, the company is majority owned by L Catterton, the world's largest growth investor focused on the consumer goods industry, and Financière Agache, a holding company controlled by Agache, the holding company of the Arnault family.

Birkenstock Group B.V. & Co. KG
Burg Ockenfels, Linz, Germany

You can find our online shop at www.birkenstock.com

 

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