Frasers CEO Murray nominated for seat on Hugo Boss supervisory board

(Sharecast News) - Frasers Group said on Tuesday that its chief executive, Michael Murray, has been nominated for a role on the supervisory board of German fashion brand Hugo Boss, in which it owns a 15% stake. Murray is running for election alongside Andreas Kurali, as Gaetano Marzotto and Robin J. Stalker are due to step down.

Hugo Boss said that Stephan Sturm will to take over as chairman of the supervisory board after the next annual shareholders' meeting on 15 May 2025. He has been put forward as a successor to Hermann Waldemer.

Murray said: "I am delighted to be running for election to the Supervisory Board of Hugo Boss and am grateful for the invitation to do so.

"We have huge respect for Hugo Boss, its management team, and its strategy, as well as the enormous contribution from all employees as the company makes progress towards its goals.

"I look forward to bringing my retail and transformation expertise to the board and contributing to the future success of the business."