Niels Hemmingsen, Chief Operating Officer (COO), to leave Boozt AB
After more than 8 years with the company, Niels Hemmingsen will leave his position as Chief Operating Officer on November 1, 2019. Niels will stay on in an advisor role until mid-2020.
Niels Hemmingsen has been with Boozt since 2011, when he joined the company as COO. He was part of the team relaunching Boozt in 2011, thereby founding Boozt.com as a multi-brand platform and the company as it is known today.
COO Niels Hemmingsen says: “Boozt is a great company and it has been a fantastic journey, which I am proud to have been part of. We have set a new standard for fast delivery in the Nordic region. With the capacity expansion plans for the next years finalized and entering a phase with more focus on optimizing the operational processes, now the time is right for me to leave Boozt.”
The position as Chief Operating Officer will be split to reflect the increased complexity of the role’s many responsibilities. Lars Lindgaard, previously Distribution Director, will take up the position as Head of Fulfilment Operations and report directly to CEO Hermann Haraldsson.
CEO Hermann Haraldsson says: “Niels has been one of the key drivers behind the success of Boozt. He has been instrumental to the development of our automated fulfilment setup, enabling consistently fast delivery to our customers simultaneously with handling the rapid growth in number of orders.”
“Compared to the years of +50% growth, we can now focus more on improving our operational efficiencies. Splitting up the COO role strengthens our ability to execute on the many efficiency opportunities in the operations in this next part of the development of Boozt. Niels recently relocated to Aalborg in the Northern part of Denmark but will stay on until mid-next year to ensure a smooth handover of his responsibilities and follow through on some larger development projects.”
For additional information, please contact:
Hermann Haraldsson / Group CEO / Phone: +45 20 94 03 95 / Email: heha@boozt.com
Anders Enevoldsen / Head of IR & Corporate Comm. / Phone: +45 53 50 14 53 / Email: anen@boozt.com
The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 28 October 2019.
Boozt is a leading, fast-growing and profitable Nordic technology company selling fashion online. The Group generated net sales amounting to SEK 2.8 billion in 2018. Boozt offers its customers a curated and contemporary selection of fashion brands, relevant to a variety of lifestyles, mainly through its multi-brand webstore Boozt.com. The company is focused on using cutting-edge, in-house developed technology to curate the best possible customer experience. Besides Boozt.com, the company also runs the webstore Booztlet.com and retail stores Booztlet and Beauty by Boozt in Denmark. For more information, please visit booztfashion.com.