Germany’s Youngest CEO Is 29 Years Old
- Fielmann aims to sell 12 million pairs of glasses by 2025
- Company targets 25 percent market share in continental Europe
Marc Fielmann, left and his father Guenther.
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Marc Fielmann, who is taking over as sole chief executive officer at the German eyewear maker his father founded, is promising investors faster growth and a larger share of the market for prescription glasses.
It’s the first time the younger Fielmann has lifted the lid on plans to change as the 29-year-old takes over as the youngest CEO among major listed German companies from his billionaire father, who is the oldest at 79. Fielmann’s market share in continental Europe, where the company holds the No. 3 position behind family-run SpecSavers and GrandVision NV, should climb to 25 percent by 2025 from about 17 percent now, the Hamburg-based company said on Monday.