Hugo Boss CEO Claus-Dietrich Lahrs bids adieu

The personnel committee of Hugo Boss and CEO Claus-Dietrich Lahrs have agreed that with effect as of February 29, 2016, Lahrs will leave the Managing Board of the company upon his request as part of a mutual agreement. With effect as of March 1, 2016, Bernd Hake will be appointed as member of the Managing Board responsible for sales and retail. He currently holds the office of Senior Vice President EMEA, Middle East and India.

The company has thanked Lahrs for his long and very successful work as CEO of Hugo Boss during the last eight years. The personnel committee is in the process of looking for a successor to Claus-Dietrich Lahrs as CEO. For now, the other responsibilities of Lahrs will be taken care of by the other members of the Managing Board.

"Claus-Dietrich Lahrs has put his stamp on the development of Hugo Boss during the past years. For the brand he has paved the way for an international future and he has positioned the company well in the market. 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,” said Supervisory Board Chairman Michel Perraudin.

"The last eight years were successful and exciting years in a unique Hugo Boss culture. The excitement and passion of all employees for our company have been impressive and will be in my memory. The special Hugo Boss spirit will keep the Company on the success path also in the future," added Claus-Dietrich Lahrs.