Hagen, 16 February 2016. The supervisory board of DOUGLAS HOLDING AG has appointed Isabelle Parize (58) new CEO of the company with immediate effect today. As long-standing president of Nocibé and current member of the Douglas executive board responsible for Southern Europe, Isabelle Parize combines an outstanding industry sector expertise and a profound knowledge of the company. Her predecessor Dr Henning Kreke moved to the supervisory board of DOUGLAS HOLDING AG at the end of January 2016 to become its chairman.

Dr Henning Kreke, chairman of the supervisory board says: 'I am very pleased with today's decision. Isabelle Parize is perfectly suited to further accelerate Douglas' growth path. She brings thirty years of experience in leading positions at the largest international beauty, cosmetics, internet and media companies with her. Over the past years, she has delivered outstanding results for Nocibé in France, and Douglas in Spain, Italy and Portugal driving a significant increase in sales and launching the successful international rollout of the private label. As a member of the Douglas management team, she shares our vision for Douglas and has proven to be capable of forming the right team to deliver against our ambitious plans. We are convinced that Isabelle Parize is the perfect fit for the CEO position.'

As of today, the Douglas executive board consists of CEO Isabelle Parize, Erika Tertilt (CFO) and Claudia Reinery, member of the board, responsible for Germany, Austria and Switzerland as well as Real Estate.

Additional information: CV of Isabelle Parize

Isabelle Parize began her career in marketing at Procter & Gamble (1980-1993). Following this, in 1994, she joined Schwarzkopf & Henkel in Henkel's cosmetics division as Managing Director for France, then as Corporate Vice President of the European, African and Middle Eastern regions, headquartered in Dusseldorf (1994-2001). In 2001, she joined French pay TV Canal+ group, where she developed CanalSatellite in her role as CEO. In 2005, based in the UK, she led the global perfume division of Quest International. From 2007 to 2011, she participated in the creation and development of the leading European online-gaming company (BetClic Everest group), first as Managing Director, and then as Vice CEO. In July 2011, Isabelle Parize joined the Nocibé group as CEO and was then appointed General Manager for Douglas Parfümerie GmbH in October 2014, maintaining her role as CEO of Nocibé.

Isabelle Parize is an MBA graduate of the ESCP Europe. She is currently a board member of Air France- KLM. Until recently, she also served on the supervisory board of Beiersdorf

Douglas Holding AG issued this content on 16 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 February 2016 11:25:25 UTC

Original Document: http://corporate.douglas.de/en/media/press-releases/isabelle-parize-appointed-new-ceo-of-douglas-holding-ag/