Michael Murray, Chief Executive Officer (CEO) of the Frasers Group, joined Hugo Boss’s board. His choice confirms the commitment of the British retail giant for the German brand, in which he currently holds 19.2 percent.
Murray’s appointment was confirmed at the general meeting of Hugo Boss. As part of this meeting, it was also announced that Stephan Sturm, the current chairman of Heinz Hermann Thiele Family Foundation, is to become chairman of the brand. Sturm succeeds Hermann Waldemer, who has headed the board since 2020 and his five -year term has now come to an end.
Sturm brings 18 years of experience from the health company Fresenius Group, where he most recently worked as a CEO. He also had or has positions on the supervisory boards of Knorr-Bremse, Lufthansa, Fresenius Medical Care and Fresenius Kabi.
In a press release, Sturm said that his decision to join the board was made because he “firmly convinced of it [sei]that Hugo Boss is geared towards a very successful future ”. He also thanked the departing members Gaetano Marzotto, Robin J. Stalker and Waldemer for their“ successful work ”.
Andreas Kurali, a freelance management consultant, was also elected, while Iris Epple-Righi, Luca Marzotto and Christina Rosenberg were confirmed in their offices.
This article was used with digital tools translated.
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