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    Home > Finance > Birkenstock finance chief Erik Massmann to step down
    Finance

    Birkenstock finance chief Erik Massmann to step down

    Published by Global Banking & Finance Review®

    Posted on January 25, 2025

    1 min read

    Last updated: January 27, 2026

    The image depicts Birkenstock's CFO Erik Massmann, who will step down from his position. This transition comes as Ivica Krolo is appointed to succeed him, highlighting changes in the company’s leadership within the finance sector.
    Birkenstock CFO Erik Massmann resigns; Ivica Krolo appointed as successor - Global Banking & Finance Review
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    Quick Summary

    Birkenstock CFO Erik Massmann resigns after two years. Ivica Krolo will succeed him in February 2025, as the company maintains its financial forecasts.

    Birkenstock CFO Erik Massmann to Resign, Ivica Krolo to Take Over

    (Reuters) -German shoemaker Birkenstock 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 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.

    (Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Devika Syamnath and Janane Venkatraman)

    Key Takeaways

    • •Erik Massmann steps down as Birkenstock CFO.
    • •Ivica Krolo to succeed Massmann starting February 1.
    • •Krolo joins from EMH Partners, previously at PwC.
    • •Birkenstock reaffirms 2025 financial forecasts.
    • •Increased demand for Birkenstock clogs in fiscal 2024.

    Frequently Asked Questions about Birkenstock finance chief Erik Massmann to step down

    1What is the main topic?

    The article discusses the resignation of Birkenstock's CFO Erik Massmann and the appointment of Ivica Krolo as his successor.

    2Who is the new CFO of Birkenstock?

    Ivica Krolo will become the new CFO of Birkenstock, starting February 1.

    3What are Birkenstock's financial forecasts?

    Birkenstock has reaffirmed its financial forecasts for 2025, anticipating a margin recovery.

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