ERWO Holding AG and Hoftex Group AG appoint Manuela Spörl to succeed Klaus Steger as CEO effective March 2024

EQS-Media / 28.02.2024 / 09:16 CET/CEST PRESS RELEASE

ERWO Holding AG and Hoftex Group AG appoint Manuela Spörl to succeed Klaus Steger as CEO effective March 2024

 

Schwaig, Nuremberg/Hof, Germany, February 28, 2024 – ERWO Holding AG (“ERWO Holding”), holding company of Südwolle Group, a leading manufacturer of worsted yarns, and Hoftex Group AG (“Hoftex Group“), a group of medium-sized companies in the textile industry, today announced the appointment of Manuela Spörl (51) as new CEO effective March 1, 2024. In this function, she will succeed Klaus Steger, who – as announced last year – will retire from the Management Board of both companies as planned after reaching the age of 65 in accordance with internal policies of the family and the companies regarding the retirement age. At the same time, Daniel Köster (44) will take over the position of CFO from Manuela Spörl. This completes the change of leadership at the top of both companies, which is characterized by continuity. In the future, the Management Board of ERWO Holding and Hoftex Group will consist of two people: Manuela Spörl and Daniel Köster.

 

Manuela Spörl has a degree in business administration and has been working for Hoftex Group since 2000. Her professional career began in the Corporate Controlling department, and in 2012 she was appointed Advisor to the Management Board. In 2015, she was granted power of attorney, followed by the appointment to CFO of the Hoftex Group in 2020 and CFO of the ERWO Group in 2022.

 

Daniel Köster (44), a proven financial expert with a degree in business administration, was appointed to the Management Board of ERWO Holding and Hoftex Group last November. Köster has many years of extensive experience in finance, accounting, treasury, taxes and controlling and most recently served as Group CFO at Stiebel Eltron, a family-owned company based in Lower Saxony, since the end of 2019, where he was also a member of the Management Board.