Mr. Van der Vis will be appointed as Group CEO
on or before November 1, 2009. In his future role as Executive
Director and Group CEO, he will assume responsibility for the total
Group with a special focus on the Esprit brand.
Current Chairman and Group CEO, Mr. Heinz
Krogner, will simultaneously resign as Group CEO upon Mr. Van der
Vis succeeding his role as Group CEO. Mr. Krogner will actively
participate as Executive Chairman to ensure a smooth transition and
he intends to remain as Executive Chairman until December 2010. Mr.
Krogner will then actively participate as Executive Chairman and
continue his strategic involvement in steering the Company's success
as well as providing leadership to the Board.
Mr. Van der Vis is a lifestyle-conscious CEO
with 11 years of brand building and retail experience in an
international environment. Since 2004 he
has served as the Group CEO of Pearle Europe, a leading
inter-national retail group operating 2,600 stores (of which 600 are
franchise stores) in 24 countries with sales
of Euros 1.5 billion.
Ronald is an excellent match for the Esprit
family, both in terms of business background and personality. His
appointment as Esprit's new Group CEO is particularly
based on his successful international retail experience. Since over
50% of Esprit's sales is based on wholesales to
independent stores, it is important that Esprit is headed by a CEO
who understands the requirements of our retail partners. We are
confident that Ronald will provide outstanding leadership for our
company, said Heinz Krogner, Chairman and
I am delighted and honored to join Esprit and
to continue the excellent achievements so far under the leadership
of Heinz Krogner. I am excited to further capitalize on Esprit's
full international potential in the coming years, said Ronald van