Müller first joined Hugo Boss as CFO in December 2017 and later served as spokesperson of the managing board between July 2020 and May 2021.
In May 2022, he expanded his remit to include responsibility for operations, which encompassed IT, logistics, production, procurement, and purchasing.
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Effective 1 October, Ivica Maric, currently the executive vice president of business operations, will succeed Müller on the managing board as the executive responsible for finance and operations.
Maric has been with Hugo Boss since 2005 and has held a range of management roles in controlling and accounting.
He became senior vice president controlling in 2012, assumed responsibility for business operations in 2022, and was promoted to executive vice president business operations the following year.
Hugo Boss CEO Daniel Grieder said: “Yves Müller has played a decisive role in the successful implementation of CLAIM 5 and made an important contribution to the financial and operational strength Hugo Boss has today.
“On behalf of the Managing Board, I would like to sincerely thank Yves and wish him all the best for the future. At the same time, I look forward to continuing our good collaboration with Ivica Maric in his new role.”
Müller’s departure coincides with a period of financial and shareholder turbulence for Hugo Boss.
At the same time, Frasers Group stepped up its activity, announcing plans this month to increase its stake in Hugo Boss from 47.89% to a majority shareholding.
Following this pressure, Stephan Sturm agreed to step down from the Hugo Boss supervisory board, handing over the chairmanship to Frasers CEO Michael Murray to facilitate an orderly transition.
