Jan 21 (Reuters) - German shoemaker Birkenstock ( BIRK )
said on Tuesday Chief Financial Officer Erik Massmann will step
down after nearly two years in the role, and will be succeeded
by Ivica Krolo.
The company, which also reaffirmed its 2025 forecasts, said
Krolo will join on Feb. 1 from investment firm EMH Partners,
where he was CFO since 2015.
Prior to that, Krolo worked as a certified public auditor at
accounting firm PricewaterhouseCoopers, where he focused on
advising listed and mid-sized companies.
Birkenstock ( BIRK ) saw upbeat demand for its close-toe clogs in
fiscal 2024 and forecast a margin recovery in fiscal 2025, owing
to customers increasingly shopping for the fresh styles of its
pricey footwear.