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Birkenstock finance chief Erik Massmann to step down
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Birkenstock finance chief Erik Massmann to step down
Jan 21, 2025 5:19 AM

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.

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