Frank Herbrechter

After finalizing his university as MBA in economical sciences Frank started his professional career in 1995 in Bayer as Group Auditor and worked afterwards for several years as CFO in Central America and Middle East. In 2004 Frank came back to the Bayer headquarter Leverkusen to work as a Senior-Manager in the Area “Group Accounting and Controlling” until he changed in 2011 to work as Financial Director in different medium sized companies with organization set-ups in Germany and Europe. Next to his functions he made certificates in International Accounting (IFRS, German and US-GAAP). In 2020 – after being away from his hometown for almost 25 years - Frank moved back to his home region close to Düsseldorf and started to work as VP Head of Group Accounting and Consolidation for Esprit Group in order to ensure financial reporting obligations of the multinational group to the Hongkong stock exchange.

Next to the classical financial management leadership function (i.e. organization of closing and reporting, leading day-to-day operations, support planning and forecasting, impairment testing and valuation of cash generating units/trademarks/ leasing contracts, treasury, financing and banking), Frank led and participated in numerous projects and special financial assessments like for example process optimization/ digitalization, strategical enterprise development in order to use his wide international experience, outstanding commitment and flexibility to develop his area of responsibility, his colleagues and his understanding of businesses. Tasks like restructuring, M&A and financing solutions enabled to him to a strategical, holistic view on company topics in order to be regarded as a competent business partner for all his superiors and (management) colleagues. Back to a multinational company like Esprit, Frank learned many things about the commerce business in retail, wholesale and e-com and all connected financial topics: Just like the numerous leasing contracts and related systems which turned out to be very challenging in today’s changing business environment and the transforming shopping preferences of the customers.