Pavlo Kot

Cofra appoints outsider as next CEO

Cofra appoints outsider as next CEO
Cofra picks outsider CEO

Cofra Holding is reshaping its leadership as the Brenninkmeijer family prepares another governance change at the Swiss-based investment group. Georg Wunderlin is set to become chief executive in April 2027, marking the first time the role goes to someone from outside the founding family.

Highlights

  • Cofra announced the appointment of outsider Georg Wunderlin, former Schroders executive, as CEO effective April 2027, replacing Boudewijn Beerkens.
  • Cofra manages over 40 billion euros ($45 billion) in assets, controlling Bregal, Redevco, and Anthos, with full ownership retained by the Brenninkmeijer family.
  • Wunderlin previously led Schroders Capital, tripling private assets to $116 billion over seven years before his departure as Nuveen acquired the business.

Leadership transition set for 2027

As reported by Reuters, Cofra said in a statement that former Schroders executive Georg Wunderlin has been selected as the group's next CEO. He will replace Boudewijn Beerkens, a member of the extended Brenninkmeijer family, when he takes up the post in April 2027.

Cofra traces its roots to 1841 and the founding of retailer C&A. The Swiss-based group has more than 40 billion euros, or about $45 billion, in total assets under management, and owns private equity firm Bregal, real estate investor Redevco and asset manager Anthos.

Wunderlin most recently served as CEO of Schroders Capital, where he led the private investments arm of Schroders for seven years. During that period, private assets tripled to $116 billion, and Schroders said in September that he had decided to leave as the business was being taken over by rival U.S. investor Nuveen.

Family control and private markets focus

The Brenninkmeijer family still owns 100% of Cofra through an ownership group of around 50 to 60 people. The appointment comes after Florian Brenninkmeijer, a sixth-generation family member and former Cofra CFO, was named chairman last month, with that role also becoming effective in April 2027.

In the statement, Wunderlin said private markets are changing quickly as investors concentrate capital with the largest platforms and the most focused specialists. He said the strongest managers increasingly need a long-term partner to expand without losing their edge.

In earlier coverage, we examined JSE incentive payouts and how variable CEO and CFO awards surged versus fixed pay.

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