CTS Eventim CFO Holger Hohrein to Step Down
Hamburg, Germany – CTS Eventim, a leading force in the European ticketing adn live entertainment landscape, announced today that Chief Financial Officer Holger Hohrein will be leaving the company on December 31, 2025. the departure is the result of a mutual agreement not to renew his contract, according to a company statement released this afternoon.
Hohrein’s tenure has been marked by significant transformation within the association, notably in the areas of financial advancement, digitization, and the streamlining of global operations. He played a crucial role in navigating the company’s significant growth, both organically and thru strategic acquisitions.
Leadership praises Hohrein’s Contribution
Dr. Bernd Kundrun, Chairman of CTS Eventim’s Supervisory Board, expressed gratitude for Hohrein’s dedicated service and emphasized his lasting impact on the company’s organizational structure and expansion. Klaus-Peter Schulenberg, CEO of CTS eventim, echoed these sentiments, highlighting Hohrein’s modernization of the financial division and his readiness for future challenges.
Hohrein himself described his time with CTS Eventim as a formative experience, expressing recognition for the collaborative spirit of the team and the opportunities for professional growth.
CTS Eventim: A Global Ticketing Powerhouse
CTS Eventim holds the position of Europe’s top ticketing provider and ranks second globally, processing over 300 million tickets annually through its diverse systems. According to the 2024 “Global Promoter Ranking” by Pollstar, the group is also the second-largest event organizer worldwide. The company additionally manages several prominent event venues across Europe.
In 2024, CTS Eventim reported revenues exceeding 2.8 billion euros across more than 25 countries. The company is listed on the MDax index and has been traded on the Frankfurt Stock Exchange since 2000.
| Key Metric | Value |
|---|---|
| Tickets Sold Annually | over 300 million |
| Global Rank (Ticketing) | 2nd |
| 2024 Revenue | €2.8 billion |
| Stock Exchange | Frankfurt (Prime Standard) |
Did You Know? The live entertainment industry is projected to reach $138.47 billion by 2028,according to a recent report by grand View Research.
Pro Tip: When evaluating companies in the entertainment sector, pay close attention to their digital infrastructure and ability to adapt to evolving consumer preferences.
The Evolving Role of the CFO
The departure of a CFO frequently enough signals more than just a personnel change; it reflects broader shifts in a company’s strategy and priorities. In recent years, the role of the CFO has expanded beyond traditional financial oversight to encompass areas like technology implementation, data analytics, and strategic planning. This transformation is driven by the increasing complexity of the business environment and the need for finance leaders to provide insights that drive growth and innovation.
Succession planning is paramount for companies to ensure a smooth transition following the departure of key executives. Investors closely scrutinize these changes, as they can impact a company’s financial performance and market position.
Frequently Asked questions about CTS Eventim
- What is CTS Eventim’s primary business? CTS Eventim is Europe’s leading ticketing provider and a major player in live entertainment.
- Who is currently the CEO of CTS Eventim? Klaus-Peter Schulenberg is currently the CEO of CTS Eventim.
- When will Holger Hohrein’s departure take effect? holger Hohrein will step down as CFO on December 31, 2025.
- What impact could this have on CTS Eventim? The departure of a CFO can signify strategic shifts; however, CTS eventim appears well-prepared for the transition.
- Where is CTS Eventim headquartered? CTS Eventim is headquartered in Hamburg, Germany.
