Wolford Aktiengesellschaft

EANS-News: Wolford Aktiengesellschaft
Chief Financial Officer Thomas Melzer to Leave Wolford AG as of July 31,2015

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Board of Directors (Appointments and Changes)

Chief Financial Officer Thomas Melzer to Leave Wolford AG as of July 31,2015
 
Existing Board members Ashish Sensarma and Axel Dreher to assume
responsibility for the areas of Finance, Investor Relations, Human Resources,
Legal Affairs and IT

 
Vienna/Bregenz, April 30, 2015. Thomas Melzer, Chief Financial Officer of
Wolford AG, will leave the company on his own request effective July 31, 2015
after nearly three successful years working on behalf of the company, and will
pursue new professional challenges. Mr. Melzer asked the Supervisory Board not
to extend his expiring Executive Board mandate after he completes work on the
consolidated financial statements for the 2014/15 financial year. The other two
Executive Board members Ashish Sensarma and Axel Dreher will assume Mr. Melzer's
management responsibilities.
 
"Thomas Melzer has made a decisive contribution to the strategic refocusing of
Wolford AG and the company's operational turnaround. He implemented major
improvements in his own and other areas of responsibility at the company. The
Supervisory Board thanks Mr. Melzer for his valuable work over the past years.
We regret his decision to leave the company and wish him continued success in
his professional career in the future", says Dr. Antonella Mei-Pochtler, 
Chairwoman of the Supervisory Board of Wolford AG.
 
The duties carried out by Thomas Melzer will be divided between Ashish Sensarma
and Axel Dreher. In addition to Brand & Marketing as well as Sales, Ashish
Sensarma will also assume responsibility for IT operations. For his part, Axel
Dreher will take over Finance, Human Resources, Investor Relations and Legal
Affairs in the future in addition to his currently being responsible for
Production & Technology, Creative Direction, Product Development and Supply
Chain Management. "The new distribution of tasks ensures the smooth transfer of
management responsibility across all business areas. Mr. Sensarma and Mr. Dreher
have extensive experience in their respective fields and will be supported by a
strong team on the next management level", Antonella Mei-Pochtler concludes.
 
 
 
About Wolford AG:
Wolford AG, which is headquartered in Bregenz on Lake Constance (Austria),
operates 16 subsidiaries and markets its products in roughly 60 countries
through 270 monobrand stores (own and partner-operated), approximately 3,000
trading partners and online. The company, which has been listed on the Vienna
Stock Exchange since 1995, generated revenues of EUR155.87 million in the 2013/
14 financial year (May 1, 2013 - April 30, 2014) and has approx. 1,560
employees. Since its founding in 1950, Wolford has become a leading global
manufacturer's brand in the segment of luxury legwear, exclusive lingerie and
high quality bodywear.

Further inquiry note:
Wolford AG
Dr. Antonella Mei-Pochtler
Tel. +43 5574 690 1268

end of announcement                               euro adhoc 
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company:     Wolford Aktiengesellschaft
             Wolfordstrasse 1
             A-6900 Bregenz
phone:       +43 (0) 5574 690-1268
FAX:         +43 (0) 5574 690-1219
mail:     investor@wolford.com
WWW:         company.wolford.com
sector:      Textiles & Clothing
ISIN:        AT0000834007
indexes:     ATX Prime, ATX Global Players
stockmarkets: free trade: Frankfurt, regulated dealing: Wien, ADR: New York 
language:   English
 



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