Bogner, the German luxury sports brand, has appointed Gerrit Schneider as chief financial officer. The 45-year-old will be responsible for finances, IT and human resources. Schneider succeeds Marcus Breyer, who left the company at his own request. Before joining Bogner, Schneider worked as chief financial officer in the aviation division of General Electrics' subsidiary GE Additive. She has over 20 years of experience in commercial management, consumer finance management, investor relations and corporate integration. Bogner reported a sales increase from €153 million to €155.2 million in the fiscal year that ended in October 2018. Despite a decline in gross profit, earnings before tax reached €2.7 million, up from €2.3 million the previous year. The German winter sports apparel company's turnover was down in both its wholesale and retail business for the previous fiscal year, and the growth of online sales could not make up for this downturn.