What: Peek & Cloppenburg Düsseldorf has appointed Dr. Tim Mundhenke as its new Chief Financial Officer (CFO), taking over from Steffen Schüller, who left the company in January after a tenure of less than two years. Mundhenke will begin his role on April 1.

Why it is important: The appointment of Dr. Tim Mundhenke as CFO marks a significant transition in Peek & Cloppenburg's management team, aiming to strengthen the company's financial operations. Mundhenke's extensive experience in finance, particularly in growth companies and the medical technology sector, is expected to contribute significantly to the fashion chain's strategic objectives.

Dr. Tim Mundhenke brings a wealth of experience to Peek & Cloppenburg Düsseldorf as its new CFO. With a background as a trained tax advisor and roles that include Head of Finance at the Funke Media Group and CFO at the Mesalvo Group, Mundhenke's appointment is set to enhance the fashion retailer's accounting, controlling, tax, and treasury functions. His leadership is anticipated to drive financial stability and growth, reflecting the company's commitment to strengthening its management team for future success.

Peek & Cloppenburg gets new chief financial officer