Winfried Rapp Takes Over Executive Management at Canyon as of October 1 on an Interim Basis

Armin Landgraf has decided for personal reasons to step down from his position as CEO of Canyon Bicycles at the end of September 2021. As of October 1, Winfried Rapp will expand his current area of responsibility as CFO and take over the executive management on an interim basis. Canyon founder Roman Arnold will continue to support the management as Executive Chairman of the Advisory Board. The management team will be further expanded in the future as Canyon continue its successful growth trajectory, including during the current fiscal year ending on September 30th.

Roman Arnold acknowledges the successful journey with Armin Landgraf: "Armin’s contribution has been highly valuable for Canyon. Over the past two and a half years, he has played a major role in shaping Canyon's success." Armin Landgraf has driven Canyon's growth and internationalization and, more importantly, significantly developed and improved the operational processes. "We are deeply grateful for his commitment and achievements and wish him all the best for the future. We are also pleased that Armin will continue to support us as a consultant until the end of December," says Roman Arnold.

With Winfried Rapp, an experienced manager takes over the executive management on an interim basis on October 1. Winfried Rapp is an avid cyclist, which is a crucial feature to bring at Canyon, a brand that stands for passion in bike sports. Winfried Rapp joined Canyon in June and shortly thereafter assumed the role of Chief Financial Officer (CFO). Previously, Winfried Rapp was head of the Cologne-based cable network operator Unitymedia and steered the merger with Vodafone. Winfried Rapp also held national and international management positions at SAP, Deutsche Telekom and T-Mobile UK. "With his enthusiasm for the brand and product, Winni has familiarized himself extremely quickly with Canyon and has become an important shaper and contact person in the company in a short time," says Roman Arnold.

Winfried Rapp adds: "The spirit of Canyon grabbed me right from the start. At Canyon, an experienced and highly motivated team meets innovative strength, technical know-how and a lot of sporting spirit. Exciting tasks now await us: These are primarily the continued improvement of customer service and supply chain, as well as the development of connectivity, i. e. the digital interaction between bike and rider."