SOURCE:
HUGO BOSS
2008-07-16 07:48:00
HUGO BOSS: Chairman of Supervisory Board Elected, CFO Leaves the Company
Dr. Hellmut Albrecht Elected Chairman of Supervisory Board of HUGO BOSS AG; CFO Joachim Reinhardt Leaves the Company
METZINGEN, GERMANY–(EMWNews – July 16, 2008) – At the Supervisory Board meeting held
today, Dr. Hellmut Albrecht was elected Chairman of the Supervisory Board
of HUGO BOSS AG.
Dr. Hellmut Albrecht has worked for many years as an independent
international corporate consultant and has previously held positions on the
supervisory boards of major companies with equal employer/employee
representation. He takes over the chairmanship of the HUGO BOSS Supervisory
Board from Dr. Giuseppe Vita, who resigned from the post on 30 June 2008.
“I am delighted to have this opportunity to play a part in the
extraordinary success story of HUGO BOSS at the head of the Supervisory
Board and shall devote my many years’ experience to ensure that the Group
continues to develop its market potential,” said Dr. Albrecht, following
his election.
In a further development, Mr. Joachim Reinhardt, who has been the Managing
Board member at HUGO BOSS AG responsible for the areas of finance, HR,
legal matters and IT since 1 April 2006, will be leaving the Managing Board
at his own request on 31 July 2008.
The departure of Mr. Reinhardt comes in the wake of differences of opinion
regarding the implementation of the company’s growth strategy.
HUGO BOSS AG is grateful to Mr. Reinhardt for his successful endeavors over
the past years, particularly in the demanding transitional stage over
recent months, during which Mr. Reinhardt was responsible for coordinating
Managing Board duties.
Dr. Martin Weckwerth, member of the HUGO BOSS AG Supervisory Board and
majority shareholder representative, stated: “Over recent months, Mr.
Reinhardt took on a wider range of duties and was successful in ensuring
the stability and continuity of the management of HUGO BOSS AG. We are
grateful for the commitment he has always shown to the interests of the
company and wish him every success in his professional and personal life in
the future.”
For further information on HUGO BOSS AG please visit our website at
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