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New Managing Board Chairman of GERRY WEBER In­ter­na­tion­al AG

February 25, 2015

At last night’s meeting of the Supervisory Board of GERRY WEBER International AG, Ralf Weber, the son of company founder Gerhard Weber, was appointed unanimously Chairman of the Managing Board with effect from 25 February 2015. The decision underlines the founding families’ clear commitment to the company as well as the long-term continuity in the management of the Group.

Ralf Weber appointed CEO 

“It is with great pleasure that I accept the appointment and the chairmanship of the Managing Board. I am looking forward to continuing the growth strategy of GERRY WEBER International AG in the spirit of the company founder and to shape it together with my fellow Board members,” said Chief Executive Officer (CEO) Ralf Weber.

On the Managing Board, Ralf Weber will remain in charge of Sales and Corporate Development. This also includes responsibility for the national and international business with retail partners (Wholesale segment) and the company-managed stores (Retail segment).

Ralf Weber joined the fashion company’s management team in 2008 as Head of Controlling. One year later, he was appointed Managing Director of GERRY WEBER Retail GmbH. Holding the German equivalent of an MA in business management, Ralf Weber became a member of the Managing Board of GERRY WEBER International AG in August 2013. Born in Halle/Westphalia in 1964, he is married and has two sons from his first marriage.

Since company founder Gerhard Weber resigned from the Managing Board, Chief Financial Officer Dr. David Frink had temporarily held the position of speaker of the Managing Board. Dr. David Frink will give up this post and continues to focus on his responsibilities for Finance, Logistic, IT, Administration and Human Resources.

“Dr. Frink has done a great job and we thank him for the temporary support he provided in his capacity as speaker of the Managing Board,” said Supervisory Board Chairman Dr. Ernst Schröder.

The position of the third Managing Board member, Arnd Buchardt, will remain unchanged. He is responsible for Products, Brands and Licenses. The Managing Board has been composed of Ralf Weber (CEO), Dr. David Frink (CFO) and Arnd Buchardt (CPO) in the existing constellation since 1 November 2014. Company founder Gerhard Weber, 73, resigned from the Managing Board and changed to the Supervisory Board of GERRY WEBER International AG with effect from 31 October 2014.

The appointment of Ralf Weber as CEO of GERRY WEBER International AG and the resulting changes in the management structure had been announced in an ad-hoc announcement on 22 January 2015 in accordance with section 15 of the German Securities Trading Act (WpHG). 

About the GERRY WEBER Group

GERRY WEBER International AG headquartered in Halle/Westphalia, operates on a global scale and unites four strong fashion brands under one roof: GERRY WEBER, TAIFUN, SAMOON by GERRY WEBER and HALLHUBER. Since its beginning in 1973 GERRY WEBER International AG has become one of the most famous and successful German fashion and lifestyle companies with nearly 1,000 company-managed stores and sales spaces (thereof 219 by HALLHUBER), more than 2,800 shop-in-shops and 281 franchised stores worldwide as well as brand online-shops in nine countries. The company constantly expands its position as a global player with some 6,900 employees (including about 1,500 from HALLHUBER) worldwide and distribution channels in more than 62 countries and is one of the largest listed fashion companies in Germany. According to preliminary figures, the MDAX listed company generated sales revenues of EUR 852.1 million (excl. HALLHUBER). The Managing Board consists of CEO Ralf Weber, responsible for Sales and Corporate Development, Arnd Buchardt, in charge of Products, Brands and Licences, as well as Dr. David Frink, responsible for Finance, Logistics, IT, Administration and Human Resources.