21sportsgroup appointed Dr. Henner Schwarz, managing director of recently acquired Planet Sports, as its CFO and third managing director alongside Jörg Mayer and Michael Burk.

Schwarz, who continues to serve as Managing Director of Planet Sports, will oversee finance and human resources and sit on 21sportsgroup’s Executive Board, where he will help CEO Jörg Mayer oversee mergers and acquisitions.

Schwarz has served as managing director of Munich-based Planet Sports GmbH, which 21sportsgroup acquired last year, since 2011. He holds a doctorate in law from the Berlin Humboldt University and completed an MBA at the Kellogg School of Management.

He started his career as a manager at Bain & Company and then as Head of Strategy & Projects worked for Puccini Holding GmbH. As Planet Sports CFO/COO for logistics, he oversaw implementation of an ERP system and launched a new e-commerce platform.

21sportsgroup GmbH  comprises the omnichannel retailing operations of 21sportsgroup, the Planet Sports GmbH , the VR Bike GmbH and Mysportgroup GmbH. The group sells gear for outdoor, action, running, cycling and triathlon sports as well as other sports through bricks-and-mortar stores, 21run.com, 21cycles.com and 21streetwear.com.

Planet Sports has offered passion, expertise  in the areas of action sports and streetwear for more than 20 years.  Its Vaola.com offers a full range of quality products from leading brands in the fields of running, outdoor, lifestyle, cycling, winter sports, Fitness & Training, Climbing and mountaineering, Bath & Beach and football.