23 July 2024, 22:38
By Furniture News Apr 06, 2022

International sleep brand appoints new CFO

Emma – The Sleep Company has appointed Wolfgang Neuner as its new CFO, and states that the internationally experienced investment and financing expert will complement the company's management team in Frankfurt.

"Emma has been profitable since its first active years on the market, and has left its US competitors behind, with sales of €645m in 2021," says Wolfgang. "I am taking on a key position at a globally leading and extremely dynamic company."

Before joining Emma, Wolfgang worked for private equity companies in London and Munich, among others. There he helped international corporations as well as small- and medium-sized companies find new ways of creating value. "New products, new niches, new markets – these are levers that bring organic growth, and are therefore elementary for the value creation of a company," he contonues. "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."

Dr Dennis Schmoltzi, founder and CEO of Emma, adds: "Emma products are available in over 30 countries. Customers pay in more than 20 currencies. The opening of the flagship store in Shanghai marked another milestone in our activities in South-east Asia. Looking at this expansion course, Wolfgang is a great asset as an investment expert for global growth. He thinks like an entrepreneur and thus embodies the Emma DNA." 

Wolfgang will be responsible for accounting, tax, legal and business intelligence. "In addition to the numerous content-related incentives, it's great to take on the leadership of an already well-established team across the Frankfurt, Lisbon, Manila, Mexico City and Shanghai offices," he concludes.

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