Chief Financial Officer leaves after just three months

More chair shifting at Takko.

Chief Financial Officer Stephan Hungeling (CFO), who was hired in September, is leaving the Telgter textile discounter after just a few months.

The company and the CFO have mutually agreed to end the collaboration with immediate effect, Takko confirmed when contacted by FashionUnited. The industry magazine Textilwirtschaft had previously reported on Hungeling’s departure.

Takko loses second key figure

For Takko, it is the second farewell to a key figure in two months. The retailer only announced the departure of CEO Tjeerd Jegen in October. Since then, the Telgter company has been led by Thomas Füllhaas (COO), Sebastian Weber (CPO) and Hungeling as co-CEOs. The previous trio will now become dual leadership, as Weber and Füllhaas will continue to form our management, says Takko.

Until a successor for the outgoing CFO is found, the relevant teams, i.e. finance and controlling, legal and compliance as well as IT, will be supported by Christian Gisy, member of the Takko Fashion Advisory Board. He will support the respective teams on an interim basis with all strategic decisions.

Hungeling moved to the textile discounter in September after six years as managing director of the jewelry and watchmaking group Christ Group. There he succeeded the previous CFO Kurt Rosen and took over the areas of finance and controlling, legal and compliance as well as IT.

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