Managing director Fabian Krone to leave MÄURER & WIRTZ

Managing director Fabian Krone to leave MÄURER & WIRTZ

Fabian Krone to leave MÄURER & WIRTZ – After two years at MÄURER & WIRTZ, managing director Fabian Krone has left the company. Fabian Krone, who joined MÄURER & WIRTZ in 2010, previously worked for the watchmaker A. Lange & Söhne before joining the Stolberg-based perfume house, where he was instrumental in implementing the recent restructuring programme. He leaves the company at his own request for personal reasons.

In February 2010, Fabian Krone was appointed managing director of the Stolberg perfume house MÄURER & WIRTZ, where he was entrusted with several special projects, including increasing the company’s internationalisation and building its prestige business. At the beginning of fiscal year 2011, Fabian Krone and the managing partner, Dr. Hermann Wirtz, presented the strategic restructuring programme: the company now operates in three separate strategic divisions, PRESTIGE, 4711 and BEAUTY; a wide range of measures were put in place to optimise internal processes; and the company’s prestige fragrance business has been expanded. Most recently MÄURER & WIRTZ acquired the fragrance business for the BALDESSARINI brand from Procter & Gamble, thus gaining access to new markets, especially in Eastern Europe.

“We deeply regret Fabian Krone’s decision to leave the company“, said Dr. Hermann Wirtz, “but we respect his personal decision. We are grateful to him for his commitment to the company and his contribution to the strategic restructure. We will be focusing on continuing the path we have taken, and we intend to appoint a new managing  director as swiftly as possible.”

Until the position is filled, Bert Lehnen, a member of the advisory board, will be acting as interim managing director alongside Dr. Hermann Wirtz. For Bert Lehnen this is familiar territory: before joining the advisory board he was managing director of MÄURER & WIRTZ for nearly ten years.

[Text/Photo: MÄURER & WIRTZ]

Read more:

21.11.2011: MÄURER & WIRTZ acquires BALDESSARINI fragrance business

12.04.2011: MÄURER & WIRTZ gains fashion label windsor. as license partner