Ivica Krolo Appointed as New Chief Financial Officer of the Birkenstock Group
Birkenstock (NYSE:BIRK) has announced the appointment of Ivica Krolo as Chief Financial Officer, effective February 1, 2025. Krolo will succeed Dr. Erik Massmann, who will step down on January 31, 2025. Both executives will jointly present Q1 2025 financial results during the February 20, 2025 conference call.
Krolo joins from EMH Partners, where he served as Partner and CFO since 2015. His background includes positions at PricewaterhouseCoopers and Mazars, with expertise in auditing, finance, and taxation. The company confirms no changes to its goals and reiterates its FY 2025 guidance announced on December 18, 2024.
CEO Oliver Reichert praised Krolo's experience and operational expertise, while acknowledging Massmann's contributions during the company's IPO preparation and capital market communications.
Birkenstock (NYSE:BIRK) ha annunciato la nomina di Ivica Krolo come Direttore Finanziario, a partire dal 1掳 febbraio 2025. Krolo succeder脿 al Dr. Erik Massmann, che si dimetter脿 il 31 gennaio 2025. Entrambi i dirigenti presenteranno congiuntamente i risultati finanziari del primo trimestre 2025 durante la conference call del 20 febbraio 2025.
Krolo proviene da EMH Partners, dove ha ricoperto il ruolo di Partner e CFO dal 2015. La sua esperienza include posizioni presso PricewaterhouseCoopers e Mazars, con competenze in auditing, finanza e tassazione. L'azienda conferma che non ci saranno cambiamenti nei suoi obiettivi e ribadisce le previsioni per l'anno fiscale 2025 annunciate il 18 dicembre 2024.
Il CEO Oliver Reichert ha elogiato l'esperienza e le competenze operative di Krolo, riconoscendo al contempo il contributo di Massmann durante la preparazione all'IPO della societ脿 e le comunicazioni nel mercato dei capitali.
Birkenstock (NYSE:BIRK) ha anunciado el nombramiento de Ivica Krolo como Director Financiero, efectivo el 1 de febrero de 2025. Krolo suceder谩 al Dr. Erik Massmann, quien renunciar谩 el 31 de enero de 2025. Ambos ejecutivos presentar谩n conjuntamente los resultados financieros del primer trimestre de 2025 durante la conferencia telef贸nica del 20 de febrero de 2025.
Krolo se une a EMH Partners, donde se desempe帽贸 como Socio y CFO desde 2015. Su experiencia incluye posiciones en PricewaterhouseCoopers y Mazars, con especializaci贸n en auditor铆a, finanzas y fiscalidad. La empresa confirma que no habr谩 cambios en sus objetivos y reitera su gu铆a para el a帽o fiscal 2025 anunciada el 18 de diciembre de 2024.
El CEO Oliver Reichert elogi贸 la experiencia y conocimientos operativos de Krolo, al mismo tiempo que reconoci贸 las contribuciones de Massmann durante la preparaci贸n de la salida a bolsa de la empresa y la comunicaci贸n en los mercados de capitales.
Birkenstock (狈驰厂贰:叠滨搁碍)电� Ivica Krolo毳� 斓滉碃 鞛 毂呾瀯鞛�(CFO)搿� 鞛勲獏頃滊嫟瓿� 氚滍憸頄堨姷雼堧嫟. 鞚措姅 2025雲� 2鞗� 1鞚茧秬韯� 鞁滍枆霅╇媹雼�. Krolo電� 2025雲� 1鞗� 31鞚� 靷瀯頃� Dr. Erik Massmann鞚� 頉勳瀯鞚� 霅╇媹雼�. 霊� 瓴届榿歆勳潃 2025雲� 2鞗� 20鞚� 旎嵓霟办姢 旖滌棎靹� 2025雲� 1攵勱赴 鞛 瓴瓣臣毳� 瓿惦彊鞙茧 氚滍憸頃� 鞓堨爼鞛呺媹雼�.
Krolo電� 2015雲勲秬韯� 韺岉姼雱堨澊鞛� CFO搿� 鞛頃橃榾雿� EMH Partners鞐愳劀 頃╇頃╇媹雼�. 攴胳潣 瓴诫牓鞐愲姅 PricewaterhouseCoopers鞕� Mazars鞐愳劀鞚� 瓴诫牓鞚� 韽暔霅橃柎 鞛堨溂氅�, 臧愳偓, 旮堨湹 氚� 靹鸽 攵勳暭鞚� 鞝勲靹膘潉 臧栰稊瓿� 鞛堨姷雼堧嫟. 須岇偓電� 氇╉憸鞐� 氤�頇旉皜 鞐嗢潓鞚� 頇曥澑頃橁碃 2024雲� 12鞗� 18鞚检棎 氚滍憸頃� 2025 須岅硠 鞐半弰 臧�鞚措摐毳� 鞛檿鞚疙枅鞀惦媹雼�.
CEO Oliver Reichert電� Krolo鞚� 瓴巾棙瓿� 鞖挫榿 鞝勲靹膘潉 雴掛澊 韽夑皜頃橂┐靹�, Massmann鞚� 須岇偓鞚� IPO 欷�牍� 氚� 鞛愲掣 鞁滌灔 旎る雼堨紑鞚挫厴鞐愳劀 旮办棳頃� 鞝愲弰 鞚胳爼頄堨姷雼堧嫟.
Birkenstock (NYSE:BIRK) a annonc茅 la nomination de Ivica Krolo en tant que directeur financier (CFO), 脿 compter du 1er f茅vrier 2025. Krolo succ茅dera au Dr Erik Massmann, qui d茅missionnera le 31 janvier 2025. Les deux dirigeants pr茅senteront conjointement les r茅sultats financiers du premier trimestre 2025 lors de la conf茅rence t茅l茅phonique du 20 f茅vrier 2025.
Krolo rejoint EMH Partners, o霉 il a occup茅 le poste de partenaire et CFO depuis 2015. Son parcours inclut des postes chez PricewaterhouseCoopers et Mazars, avec une expertise en audit, finance et fiscalit茅. L'entreprise confirme qu'il n'y aura aucun changement dans ses objectifs et r茅it猫re ses pr茅visions pour l'exercice 2025 annonc茅es le 18 d茅cembre 2024.
Le PDG Oliver Reichert a salu茅 l'exp茅rience et l'expertise op茅rationnelle de Krolo tout en reconnaissant les contributions de Massmann lors de la pr茅paration de l'introduction en bourse de l'entreprise et des communications sur les march茅s financiers.
Birkenstock (NYSE:BIRK) hat die Ernennung von Ivica Krolo zum Finanzvorstand (CFO) bekannt gegeben, die am 1. Februar 2025 wirksam wird. Krolo wird Dr. Erik Massmann nachfolgen, der am 31. Januar 2025 zur眉cktritt. Beide F眉hrungskr盲fte werden in der Telefonkonferenz am 20. Februar 2025 gemeinsam die Finanzzahlen des ersten Quartals 2025 pr盲sentieren.
Krolo kommt von EMH Partners, wo er seit 2015 als Partner und CFO t盲tig war. Sein Hintergrund umfasst Positionen bei PricewaterhouseCoopers und Mazars, mit Fachkenntnissen in den Bereichen Rechnungslegung, Finanzen und Steuern. Das Unternehmen best盲tigt, dass es keine 脛nderungen an seinen Zielen gibt und bekr盲ftigt die am 18. Dezember 2024 bekannt gegebene Prognose f眉r das Gesch盲ftsjahr 2025.
CEO Oliver Reichert lobte Krolo f眉r seine Erfahrung und operative Fachkompetenz, w盲hrend er Massmanns Beitr盲ge w盲hrend der Vorbereitung des Unternehmens auf den B枚rsengang und die Kapitalmarktkommunikation anerkennt.
- Seamless leadership transition planned with both CFOs presenting Q1 2025 results
- New CFO brings significant financial and regulatory expertise
- Company maintains FY 2025 guidance, indicating stability
- None.
LONDON, UK / / January 21, 2025 / Birkenstock Holding plc ("BIRKENSTOCK", the "Company" or "we", NYSE:BIRK) has announced the appointment of Ivica Krolo as Chief Financial Officer ("CFO") of the BIRKENSTOCK Group, effective from February 1, 2025. He will succeed Dr. Erik Massmann, who will step down from his duties as of January 31, 2025.
BIRKENSTOCK and Mr. Massmann have agreed that Mr. Massmann will step down as CFO as of January 31, 2025. He will actively support the handover process to ensure a seamless transition. Mr. Massmann and his successor, Ivica Krolo, will jointly present the first fiscal quarter 2025 (ended December 31, 2024) financial results during the conference call scheduled for Thursday, February 20, 2025. The Company confirms that no changes in its goals or objectives are planned and reiterates the guidance for FY 2025 as announced on December 18, 2024.
Ivica Krolo joins the BIRKENSTOCK Group from EMH Partners, a growth investment firm that invests in owner-managed technology companies, where he has served as Partner and CFO since 2015. He was a member of the Investment Advisory Committee and responsible for the areas of finance, tax, legal and corporate administration. Prior to this, Mr. Krolo was a Certified Public Auditor and Manager at PricewaterhouseCoopers, where he focused on auditing and advising listed and mid-sized companies, and, before that, an Audit Manager and Tax Consultant at Mazars, a leading global professional services network providing audit and assurance, tax, advisory and consulting services. Mr. Krolo holds a Master of Arts in Auditing, Finance and Taxation from the Universities of Applied Sciences Münster and Osnabrück and qualified as German Tax Advisor and Certified Public Auditor in 2013.
As regards these changes, Oliver Reichert, Chief Executive Officer of the BIRKENSTOCK Group, comments: "We are excited to welcome Ivica to BIRKENSTOCK. He is an experienced finance executive with a deep understanding of the regulatory landscape in which we operate and with a significant operational and financial planning expertise. With his pragmatic hands-on and people-first approach, Ivica is a great fit for our global BIRKENSTOCK family. I am looking forward to working with him and to further shaping the Global Finance function as a backbone for sustainable and profitable growth, and to writing the next chapter of our success story".
Oliver Reichert then continues: "On behalf of the board and our leadership team, I would like to thank Erik for his achievements and his willingness to support the handover. In a moment when the role of the CFO was mission-critical when preparing for our IPO, Erik and his team made a valuable contribution to strengthening capital market readiness and communicating our financial performance to the investment community. I wish him all the best for his professional and personal future".
ABOUT BIRKENSTOCK
Birkenstock Holding plc is the ultimate parent Company of Birkenstock Group B.V. & Co. KG and its subsidiaries (the "Birkenstock Group"). BIRKENSTOCK is a global brand which embraces all consumers regardless of geography, gender, age and income and which is committed to a clear purpose - encouraging proper foot health. Deeply rooted in studies of the biomechanics of the human foot and backed by 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 Zeitgeist brand which features products in the footwear, sleep systems and natural cosmetics categories. BIRKENSTOCK is the inventor of the footbed and has shaped the principle of walking as intended by nature ("Naturgewolltes Gehen").
MEDIA CONTACT
Birkenstock Holding plc
[email protected]
SOURCE: Birkenstock Holding plc
View the original on ACCESS Newswire
FAQ
When will Ivica Krolo start as Birkenstock's (BIRK) new CFO?
What is Ivica Krolo's background before joining Birkenstock (BIRK)?
When will Birkenstock (BIRK) announce its Q1 2025 financial results?
Will Birkenstock (BIRK) change its financial goals under the new CFO?
Who is replacing Dr. Erik Massmann as Birkenstock's (BIRK) CFO?
