Michael Caragounis serves as the Chief Financial Officer of 2XU, a leading Australian sports apparel brand renowned for its premium performance-focused activewear, particularly in the realm of compression garments. With a robust background in financial management and operational leadership, Michael brings a wealth of experience...
Michael Caragounis serves as the Chief Financial Officer of 2XU, a leading Australian sports apparel brand renowned for its premium performance-focused activewear, particularly in the realm of compression garments. With a robust background in financial management and operational leadership, Michael brings a wealth of experience from his tenure in ASX-listed organizations, where he has honed his expertise in navigating complex financial landscapes and driving business growth.
At 2XU, Michael plays a pivotal role in steering the company's financial strategy, ensuring that it aligns with the overarching goals of the business, which is owned by the global private equity firm LCatterton. His strategic vision has been instrumental in optimizing financial reporting and analytics, enhancing internal controls, and facilitating investment decisions that support both organic growth and strategic acquisitions. Under his leadership, 2XU has successfully expanded its market presence, reaching consumers in over 70 countries and solidifying its position as a market leader in the competitive sports apparel sector.
Michael's skill set extends beyond traditional financial management; he is adept in cyber-security, ensuring that the company's financial data remains secure in an increasingly digital marketplace. His ability to communicate effectively at the board level and present complex financial concepts in an accessible manner has made him a trusted advisor within the organization. As 2XU continues to innovate and expand its product offerings, Michael's insights and leadership will be crucial in navigating the challenges and opportunities that lie ahead in the dynamic landscape of the sports apparel industry.
