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Jorg Mayer Becomes Chairman of 21sportsgroup's Advisory Board

Michael Burk Is New CEO, Dr. Henner Schwarz New CFO/COO

MANNHEIM, GERMANY--(Marketwired - Aug 23, 2016) - Five years after founding 21sportsgroup, founder and CEO Jörg Mayer will, at his own request, assume the position of chairman of the advisory board of the Mannheim-based sporting goods retailer, thereby taking over the leadership of the supervisory committee. As a result, managing directors Michael Burk and Dr. Henner Schwarz will take on additional roles. The advisory board appointed Michael Burk to the role of CEO, while Dr. Henner Schwarz as CFO and COO will be in charge of the group's finances and operations. Both are managing directors of 21sportsgroup GmbH and of its subsidiaries, Planet Sports GmbH and VR bike GmbH, and are supported by an experienced team of senior executives. CTO Frank Zwirner is a member of the group's executive board and was appointed to the role of mysportgroup GmbH's managing director. As a result, Frank Zwirner will be responsible for the operational activities of the "VAOLA" online marketplace, in addition to managing the entire group's business systems and business processes.

As chairman of the advisory board and majority shareholder, Jörg Mayer will retain a close relationship with the company: "After five years of successfully building 21sportsgroup, a time that was shaped both by robust organic growth and by strategic acquisitions, I am now pleased to hand over to a highly effective executive team to lead operations. In addition to my role as chairman of the advisory board, I am going to dedicate my time in particular to our group's ongoing inorganic growth."

www.21sportsgroup.com

About 21sportsgroup

21sportsgroup combines e-commerce and retail business of 21sportsgroup GmbH, Planet Sports GmbH, VR bike GmbH and mysportgroup GmbH. With their state-of-the-art store concept and an e-commerce offering which has proved a success all across Europe, the different 21sportsgroup companies market the entire range of sporting goods, especially in the areas of outdoor, action, running, cycling, and triathlon sports. They are authorized partners of all the major brands.

Online shop 21run.com offers a huge selection of premium quality running shoes, bicycles, apparel, and accessories for amateur athletes, ambitious runners, cyclists, and triathletes right through to professional athletes; all of these products are available for immediate shipping.

Planet Sports has been the embodiment of passion and expertise in the area of action sports and streetwear for over 20 years. Outstanding service, expert advice, and a passion for the various boardsports make Planet Sports the number one shopping destination for action sports enthusiasts.

VAOLA is an online marketplace with a full and interesting range of major brand, premium quality items in the areas of running sports, outdoor, lifestyle, cycling, winter sports, fitness and training, climbing and alpine sports, swimming and beach, as well as football/soccer.

21sportsgroup is on a systematic road to growth, bridging the gap between online and offline retail with unabated success. Every day, the team -- which is composed of sports enthusiasts -- proves that a high level of skill and competence and a strong focus on customer service are important factors for success when it comes to a state of the art multichannel strategy.

www.21sportsgroup.com

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Press contact:

21sportsgroup
Corporate Communications
Phone +49 621 400700-30
Fax +49 621 400700-31
public.relations@21sportsgroup.com

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