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The current CEO reportedly requested his exit, which was approved through a mutual agreement with the managing board today, effective as of February 29, according to a company press release. Hugo Boss thanked Lahrs for his work as CEO of the company during his eight year tenure, but have yet to announce who his successor will be. In the meantime, the Supervisory Board will begin its search for his replacement as the CEO responsibilities will be taken on by other members of the managing board in the interim period.

Claus dietrich lahrs biography of william: Explore Authentic Bill Dietrich Stock

Major strategic decisions for the development of the own retail business and for the development towards a leading fashion company in the premium market fall into his term of office. Hugo Boss thanks Claus-Dietrich Lahrs also in the name of the employees and the shareholders for the work done. We wish him good luck and a lot of success also for his professional future.

Lahrs did not comment on his next step or future role following his impending exit from Hugo Boss. The special Hugo Boss spirit will keep the Company on the success path also in the future. The German fashion company has also announced the appointment of Bernd Hake, senior vice president of EMEA, as a new member of the managing board, responsible for sales and retail.

Claus-Dietrich Lahrs. Hugo Boss.