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Hugo Boss has confirmed that Frasers CEO Michael Murray has been nominated for election to its supervisory board.
Murray has been nominated alongside Andreas Kurali, the former deputy CFO of US tobacco firm Philip Morris International.
The two men will be set to replace Gaetano Marzotto and Robin J. Stalker, who will both step down.
Alongside this, Stephan Sturm is to take over as chairman of the board following the next annual shareholders’ meeting.
The nomination committee of the supervisory board has proposed him as successor to Hermann Waldemer for the election at the meeting on 15 May, 2025.
Waldemer said: “I am very pleased that we have been able to win such an experienced leader as Stephan Sturm for the supervisory board of Hugo Boss. Based on his previous supervisory board activities, and his many years as chairman of the management board and CFO of the Fresenius health care group, he brings with him a deep understanding of the capital market.
“Stephan Sturm, like Andreas Kurali and Michael Murray, will be a great asset to the company. After ten years as a member of the supervisory board and five years as its chairman, I will step down, knowing that Hugo Boss can look to the future with great confidence. The company has written a great success story under the leadership of Daniel Grieder and will continue on this path.”
