Ivica Krolo Appointed as CFO of Birkenstock Group
Slice of Retail Team
01/31/2025
Key Highlights:
- Ivica Krolo will assume the role of Chief Financial Officer (CFO) at Birkenstock Group starting February 1, 2025.
- Dr. Erik Massmann will step down as CFO on January 31, 2025, ensuring a smooth transition.
- Krolo joins from EMH Partners, where he served as Partner and CFO, with prior experience at PwC and Mazars.
- He brings extensive financial, tax, and corporate governance expertise to the company.
- No changes to Birkenstock’s goals or financial guidance for FY 2025 have been announced.
Source: Direct
Quotes
“ "We are excited to welcome Ivica to Birkenstock. His deep regulatory expertise, hands-on approach, and financial planning experience make him a perfect fit for our global team. On behalf of the board, I would like to thank Erik for his contributions, particularly in preparing for our IPO. His leadership was instrumental in strengthening our capital market readiness." ”
Oliver Reichert, CEO at Birkenstock Group
Why This Matters:
This leadership transition underscores Birkenstock’s commitment to sustainable and profitable growth. Krolo’s extensive experience in finance, tax, and corporate governance positions the company well for its post-IPO trajectory. With no planned changes to the company’s financial goals, investors and stakeholders can expect continuity in strategic direction.
