Markus Voegeli replaces Frank Beeck at Charles Vogele

Frank Beeck, CEO of Charles Vögele

Group, is leaving the company with immediate effect. Markus Voegeli, CFO of Charles Vögele, will take over the CEO role on an interim basis.

Markus Voegeli is a proven financial expert as well as an all-rounder with a wide skill-set. He has worked for the company since 2009. Hans Ziegler, Chairman of the Board of Directors of Charles Vögele Holding AG, and Matthias Freise, Professor of Fashion Procurement and Retail Buying at Reutlingen University, Germany, and Member of the Board of Directors, will both support Markus Voegeli with their expertise.

“We would like to thank Frank Beeck for his hard work and his valuable contribution to Charles Vögele’s reorientation,” says Hans Ziegler. “We wish Frank Beeck much success in his future career.” The Board of Directors and Group Management are keeping to the company’s new focus and will continue to implement the measures that have been initiated, especially the concentration on the needs of core customers and the introduction of a one-brand strategy.

Charles Vogele is one of Europe’s leading vertical fashion retailers. With attractively presented goods, combined with friendly, knowledgeable advice, it creates a relaxed and enjoyable shopping experience. As of 30 June 2012, Charles Vögele has 30 outlets in countries like Germany, Netherlands, Belgium, Austria and the Czech Republic. In the first half of 2012 the group and its approximately 6900 employees generated gross sales of CHF 578 million.