Following the successful completion of the change of ownership from Conzzeta to Telemos Capital, the board of directors of Mammut Sports Group and CEO Oliver Pabst have jointly decided to initiate the company’s next phase under new leadership. Pabst will step down as CEO, and Greg Nieuwenhuys, chairman of the board of directors of Mammut, will temporarily assume his duties as executive chairman. Under Pabst’s leadership, the company has successfully evolved over the last five years and made significant progress in areas such as internationalization, digitalization and sustainability. Over the past eighteen months, Pabst has skillfully steered the company through the challenging pandemic period, the company said in a statement. Pabst will remain with Mammut as senior advisor to the board of directors, allowing the company to continue to benefit from his knowledge and experience. The search for a new CEO has been initiated.