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Derby Cycle CEO Thomas Raith Resigns

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CLOPPENBURG, Germany – Thomas Raith, Chairman of the Board of Pon.Bike Group’s Derby Cycle has decided to leave the company. As of next May he will hand over his position to Janco van der Heiden who joined the management team of Derby Cycle last October as co-CEO.

Derby Cycle CEO Thomas Raith Resigns
Thomas Raith decided to resign for private reasons. – Photo Bike Europe

Only last October Thomas Raith was made responsible for all of Pon Bike Group’s e-bike activities at the official location of Derby’s Performance brand Focus in Stuttgart, 600 kilometres south of Cloppenburg. Yesterday Raith announced to leave Derby Cycle purely for private reasons.

Foundation for success

“In recent years, we have laid the foundation for today’s success story,” says Thomas Raith. “It was a great time, but also very intense. That is why I have decided to take a break and spend more time with my family again. This decision has been made easier for me because, with my colleague Janco van der Heiden, I have a successor who has not only become a big brand expert, but also an industry connoisseur.” Rath joined Derby Cycle in October 2013.

At the time of Raith’s move to the Stuttgart location former CEO of VW and Skoda in the Netherlands, Janco van der Heyden, became responsible for Derby Cycle’s comfort brands Kalkhoff, Raleigh, Univega and Rixe as well as the company’s assembly operation in Cloppenburg.

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