Derby Cycle Expands Management Team
CLOPPENBURG, Germany – The former Magura Managing Director Thomas Raith moved to bicycle manufacturer Derby Cycle. On 1 July he started as MD responsible for Sales and Marketing.
Thomas Raith is a qualified engineer and held various management positions for over 15 years. In the past five years, he was MD of Gustav Magenwirth GmbH & Co KG – Magura responsible for, among other areas, sales, marketing, product management, innovation and finance.
“With his experience in senior functions Thomas Raith will provide a new impetus in sales and marketing as well as in the strategic direction of the company to continue the success story of Derby Cycle”, said Mathias Seidler, CEO of Derby Cycle Holding GmbH.