Tom Tailor Holding AG announced that with the hiring of the Chief Operating Officer, the company has successfully completed the realignment of the Management Board. Dr. Heiko Schäfer (42) will take over this newly created board position in December 2015. In his function, Dr. Heiko Schäfer will be responsible for the areas of purchasing, logistics and IT as well as the project and process management.

Thereby he will take on a crucial role in the implementation of the further verticalization of TOM TAILOR GROUP. Dr. Heiko Schäfer has many years of experience in the fashion industry as well as an in-depth expertise in the management of cross-functional transformation projects. Mr. Schäfer joins TOM TAILOR GROUP from the private equity firm Kohlberg Kravis Roberts (KKR) in London, where he was last employed.

Previously Dr. Heiko Schäfer worked six and a half years at senior management level for the adidas Group. There, he was responsible most recently as Senior Vice President of product development, sourcing and logistics for the four lifestyle/fashion labels of the umbrella brand adidas. While working for the adidas Group, Dr. Heiko Schäfer was also responsible for numerous transformational projects, amongst others to accelerate product development, optimize product costs and the technical infrastructure.