Wolford's CEO Axel Dreher resigned from his post on October 29, 2019, and will leave the company at the end of October. At the same time, the supervisory board appointed Silvia Azzali, the incumbent Global Sales & Merchandising Director, to the position of Chief Commercial Officer (CCO) as of November 1, 2019. Andrew Thorndike, who was appointed the Chief Operations Officer (COO) only in September, will continue to be responsible for Product Development, Supply Chain Management, Finance, Controlling, Legal, Investor Relations, IT and Human Resources.