08:08 AM EST, 01/21/2025 (MT Newswires) -- Birkenstock Holding ( BIRK ) said Tuesday it appointed Ivica Krolo to succeed Erik Massmann as chief financial officer, effective Feb. 1.

The footwear company also reaffirmed its full-year 2025 guidance as previously announced on Dec. 18. For the fiscal year ending Sept 30, it continues to expect year-over-year revenue growth of 15% to 17% on a constant currency-basis.

The company said Krolo has served as CFO at EMH Partners since 2015. Massmann will step down from his duties as of Jan. 31, Birkenstock ( BIRK ) said.

BIRK shares were down 0.7% in recent premarket activity.