Hervis Sport, the Austrian sports retail chain, has appointed Oliver Seda as its new CEO, effective Oct. 1. He takes over from Werner Weber, who will leave Hervis at the end of the year based on a transitional arrangement that began after the sudden departure of the previous CEO, Alfred Eichblatt, in October 2019. Seda, 47, has been working for Spar Austria, which is Hervis’ owner, since 2003. He started his career at Spar Austria as assistant to the financial director. Seda is currently working as head of Spar’s legal and human resources department, a role that he has held since 2012. Hervis has 234 stores and a staff of more than 3,000 people in Austria, Bavaria and Eastern Europe. The retailer posted revenues of €470 million in 2020, down 7.3 percent as compared to 2019.

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