Emma – The Sleep Company has turned to private equity for its new chief financial officer.
It has named Wolfgang Neuner as cfo.
Most recently, Neuner worked for the German-Swedish investment company Triton Partners, which specialises in pan-European investments in medium-sized companies. There he co-ordinated and was responsible for new acquisitions and supported management teams of portfolio companies in defining and implementing their strategic agendas.
‘Emma has been profitable since its first active years on the market and has left its US competitors behind with sales of €645million in 2021. I am taking on a key position at a globally leading and extremely dynamic company. New products, new niches, new markets – these are levers that bring organic growth and are therefore elementary for the value creation of a company. Due to the great potential, Emma’s international expansion will continue. While the team is growing strongly on a global scale, we are also looking at operational efficiency. Decision-making paths are to be shortened and processes automated. Also, to support the respective country heads in making fast and good decisions,’ he says.
‘Wolfgang is a great asset as an investment expert for global growth. He thinks like an entrepreneur and thus embodies the Emma DNA,’ says Dennis Schmoltzi, Emma ceo.
