From the Sector

ERWO Holding AG (“ERWO Holding”), holding company of the Südwolle Group, a leading manufacturer of worsted yarns, as well as main shareholder of Hoftex Group AG (“Hoftex Group”), a group of medium-sized companies in the textile industry, have announced the appointment of a new member to their Management Board: With effect from 1 April 2026, Dr David Meyer will become CFO on the Management Board of both companies. This position has recently been vacant, with the finance division being managed on an interim basis by CEO Manuela Spörl.

Dr David Meyer brings many years of industry experience to his role as CFO, having worked in both capital markets and a family-run SME environment. As a proven finance expert, David has a comprehensive knowledge across the entire spectrum of the finance department, ranging from accounting and controlling through the structuring of financing and M&A to IT transformation projects and investor relations. He comes from Hamberger Industriewerke (Stephanskirchen near Rosenheim), where, in addition to his role as CFO, he most recently also served as Head of Human Resources. Prior to that, he worked for over 12 years as CFO at Steico SE (Feldkirchen near Munich), a producer of timber building materials and wood fibre insulation listed on the OTC market. Dr Meyer holds a PhD in Industrial Engineering (University of Kaiserslautern).