Edding Group Announces Executive Changes, Aiming for Gender Parity on Management Board

The edding Group is set to experience significant changes in its Management Board composition from 1st June 2024. Sönke Gooss and Thorsten Streppelhoff are slated to leave their roles as CFO and CBO, respectively, soon after the new appointments take effect. Hadewych Vermunt, previously CFO at Delhaize in Belgium, will assume the CFO position at edding. The company aims to distribute the responsibilities of the CBO among the remaining executive members, fostering a collaborative management setup. With these changes, the board will notably consist of two women and two men, achieving 50% female representation.

This strategic shift not only reflects a structural change but also underscores the company's evolving corporate ethos. edding is transitioning towards a 'profit-for' strategy, emphasizing sustainability and social responsibility over mere financial gains. The update in leadership further aligns with the company's long-term goals of fostering sustainable business practices that contribute to societal and environmental well-being.