Vinomofo co-CEO steps down

Vinomofo co-founders Justin Dry (L) and Andre Eikmeier (R).

Vinomofo co-founder Andre Eikmeier has stepped down from his position as co-chief executive, but will continue to serve as a director, shareholder and “brand champion”.

Co-founder Justin Dry has been the sole chief executive of the wine distribution platform since August.

“The business is in a great position and I’m super excited about where we can take it, both here and globally, in the years ahead,” said Dry.

“We’re all aligned about both brand and strategic direction. This change has been a very smooth transition; the team is feeling positive, the company is profitable, hitting targets and we’re excited for where we’re heading.”

Vinomofo said the change was a mutual decision, and both founders believe a single chief executive will be the right model for Vinomofo going forward.

Brothers-in-law Eikmeier and Dry have been joint-ceos since starting Vinomofo in a garage in Adelaide seven years ago. They have grown the brand across Australia and launched it in New Zealand and Singapore.

Earlier this year, the co-founders told sister-site Internet Retailing they had started making decisions around long-term growth rather than operating in survival mode like in the early days of the business.

Eikmeier was confident the changes would power the company’s next phase of growth.

Access exclusive analysis, locked news and reports with Inside Retail Weekly. Subscribe today and get our premium print publication delivered to your door every week.

Comments

Comment Manually

Loading...

Inside Retail Polls

Myer's new chief executive
Is John King the right CEO to lead Myer's turnaround?

Twitter

Automotive retailer to refocus on customers love of cars. https://t.co/UENyPmFit4

3 hours ago

But clothing stores miss out on the spending boost. https://t.co/r3i9WqAwEv

6 hours ago

Chocolate retailer to join over 100 international and local brands. https://t.co/UZ6NOPia35

19 hours ago
x

SUBSCRIBE
FREE NEWS BRIEFS Get breaking news delivered