OutDoor/06/11/2019

Jack Wolfskin Has a New CFO - And Is Restructuring Management

We need your consent to enable the rating function!

This feature is only available when corresponding consent is given. Please read the details and accept the service to enable rating function.

Rate
Bookmark

Jack Wolfskin remains on the move after the takeover by the Callaway Group: Now the outdoor brand has a new CFO - and soon further reinforcement for the top management.

Ante Franicevic is the new CFO of Jack Wolfskin.

After the takeover by the Callaway Group, Jack Wolfskin restructures his management. With Ante Franicevic, the outdoor company from Idstein near Frankfurt has a new Chief Financial Officer (CFO). Since 23 May, Franicevic has been responsible for all of Jack Wolfskin's finance departments as well as for Tax & Legal, HR and Office Management.

Jack Wolfskin will in future divide the responsibilities of the CFO and COO into two independent areas of responsibility in order to best meet the new financial targets and requirements of the publicly traded Callaway Group. Most recently, Jörg Wahlers assumed a dual position of CFO and COO. Wahlers, however, had decided to leave at the end of July 2019 "to continue his career outside the company", according to a press release from the outdoor manufacturer.

A new COO is to be announced in autumn. Until then, Franicevic will temporarily take over both tasks. In particular, he will be responsible for the further integration of the warehouse and IT landscape into Callaway structures.

Franicevic comes from Douglas.

"We are delighted to have gained in Ante Franicevic a proven financial expert with experience in international companies. Ante Franicevic has worked and lived in Asia for ten years and is very familiar with intercontinental cooperation and reporting," says Melody Harris-Jensbach, CEO of Jack Wolfskin. "I am convinced that Ante Franicevic, with his deep knowledge of finance, accounting and reporting and more than 20 years of experience in the international financial sector, will make an important contribution to Jack Wolfskin's future success. My thanks go to Jörg Wahlers for his successful work over the last one and a half years. During this time, he has in particular made significant contributions to our successful change of shareholders completed in January".

Franicevic moves from the Douglas Group to Jack Wolfskin. His most recent positions there were CFO and Managing Director of Douglas Germany and CEO of Douglas Switzerland. Previously, he held various senior financial positions in international companies, including CFO of Metro Cash & Carry Vietnam.

Topics in this article