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Douglas Holding Names New CFO

Dennis Schulze starts immediately, replacing Burkhard Bamberger in the role.

BERLIN — Douglas Holding AG has named Dennis Schulze as chief financial officer, effective immediately.

 

Schulze joins the Hagen, Germany-based perfumery, jewelry, fashion, confectionery and book retail group from the Carlyle Group, where he worked since 1999. Schulze succeeds Burkhard Bamberger, who joined Douglas Holding in 2007.

 

As reported, Douglas Holding was taken over by Advent International in a transaction completed in January.

 

Jörn Kreke, chairman of Douglas’ supervisory board, said of Shulze in a statement, “We are convinced that his expertise and his extensive experience will contribute significantly to the successful development of our company.”

 

Douglas Group is slated to release its first-quarter results on Wednesday.