Oliver Merz is new CFO of Mammut Sports Group

18 April 2024 12:35

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Seon - Mammut Sports Group has announced that Oliver Merz will be appointed as the new Chief Financial Officer (CFO). Merz is coming from Luqom, a lighting and lighting solutions specialist based in Berlin.

According to a press release, Mammut Sports Group AG has named Oliver Merz as its new Chief Financial Officer (CFO). Merz will be responsible for Controlling, Finance, Accounting, Tax, Legal & Compliance, and IT at Mammut, a manufacturer of products for mountaineering, climbing and winter sports based in Seon in the canton of Aargau.

The new CFO of Mammut comes from Luqom, a lighting and lighting solutions specialist based in Berlin. Luqom’s website stated that Oliver Merz is the co-founder, deputy CEO, and CFO of Luqom Group. There, he is responsible for the areas of Finance, Sustainability, Legal & Compliance, and Technology & Data. Before joining Luqom, Merz was CFO of the broadcasting business of the German mass media and digital company ProSiebenSat1 Media SE and a member of the management board of ProSiebenSat.1 TV Deutschland GmbH. He started his career as a strategy consultant at Oliver Wyman and Roland Berger.

Heiko Schäfer, CEO of Mammut, comments on the appointment of Merz: “His financial expertise combined with a growth mindset make him the perfect addition to our team with our aim for profitable growth, global expansion, and strengthening our position as a leading mountaineering brand.” 

A description on Mammut’s website describes it as a Swiss outdoor company founded in 1862 that provides high-quality products and unique brand experiences to mountaineering fans across the world. Mammut Sports Group AG is active in around 40 countries and employs around 800 staff. According to the press release, the London-based investment management company Telemos Capital acquired Mammut in 2021 with the aim of driving international growth and improving profitability. ce/gba 

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