Hugo Boss announces departure of deputy CEO and chief sales officer Oliver Timm

German fashion group Hugo Boss has announced that chief sales officer and deputy chief executive officer Oliver Timm is leaving the business. Timm has resigned from the managing board at his own request, with the departure taking effect on November 30.

Until further notice, chief executive officer (CEO) Daniel Grieder and chief financial officer and chief operating officer Ivica Maric will divide the responsibilities previously overseen by Timm.

Leadership changes at German group

Timm joined the managing board of Hugo Boss in January 2021. As chief sales officer, he was responsible for the Boss and Hugo business units, the group’s own retail business, wholesale, e-commerce, visual merchandising, retail operations, and customer relationship management.

In 2024, Timm assumed the additional position of deputy CEO alongside his existing sales duties.

Michael Murray, chairman of the supervisory board of Hugo Boss, commented on the departure: “On behalf of the Supervisory Board, I would like to thank Oliver Timm for his contribution to HUGO BOSS over the past years. We appreciate his commitment and wish him all the best for his professional and personal future.”

Grieder also expressed his appreciation: “Oliver Timm and I have been working side by side throughout our careers for almost 30 years, and it is a great pleasure and honor for me to look back on this time and the many moments we have shared. His departure therefore also marks a very personal moment for me, and I want to truly thank Oliver for his trust, partnership, and friendship over all these years. I will miss working alongside him.”