Birkenstock Holding (BIRK) said Tuesday it appointed Ivica Krolo to succeed Erik Massmann as chief financial officer, effective Feb. 1.
The footwear company also reaffirmed its full-year 2025 guidance as previously announced on Dec. 18. For the fiscal year ending Sept 30, it continues to expect year-over-year revenue growth of 15% to 17% on a constant currency-basis.
The company said Krolo has served as CFO at EMH Partners since 2015. Massmann will step down from his duties as of Jan. 31, Birkenstock said.
BIRK shares were down 0.7% in recent premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.