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Cherry SE Appoints KPMG as New Auditor Following Court Approval

By Advos

TL;DR

Cherry SE appoints KPMG as auditor, enhancing financial credibility and investor confidence for competitive advantage in the market.

Cherry SE's court-approved appointment of KPMG as statutory auditor ensures a systematic audit process for the 2025 financial statements.

Cherry SE's new auditor appointment strengthens financial transparency, supporting ethical business practices and stakeholder trust for a better corporate environment.

Cherry SE, known for gaming and healthcare tech, switched to KPMG after their previous auditor declined the engagement in 2025.

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Cherry SE Appoints KPMG as New Auditor Following Court Approval

Cherry SE, an international manufacturer of computer input devices and digital healthcare solutions, has appointed KPMG AG Wirtschaftsprüfungsgesellschaft as its new statutory auditor for the 2025 financial year audits. The Munich court granted the Supervisory Board's request, replacing previous auditor RSM Ebner Stolz AG, which declined the engagement in November 2025.

This appointment matters because auditor stability is crucial for investor confidence and regulatory compliance, particularly for publicly traded companies like Cherry SE. The timely court decision prevents potential delays in financial reporting that could affect the company's stock valuation and market perception. For shareholders and potential investors, this transition to a globally recognized firm like KPMG signals Cherry SE's commitment to maintaining rigorous financial oversight during its expansion in both computer peripherals and digital healthcare sectors.

Jurjen Jongma, CFO of Cherry SE, stated the company welcomes the court's timely decision and believes KPMG's reputation and expertise will provide a robust foundation for auditing their financial statements. James Burns, Deputy Chairman of the Supervisory Board and Chairman of the Audit Committee, emphasized that the Supervisory Board acted promptly to ensure audit continuity, noting KPMG's appointment supports the Audit Committee's review of financial reporting and monitoring tasks.

The implications extend beyond Cherry SE's immediate financial reporting needs. In the broader technology and healthcare hardware sectors, auditor transitions can signal underlying financial health concerns, but Cherry SE's swift replacement with a major firm like KPMG may reassure stakeholders about management's responsiveness. The company's dual focus on computer input devices for office, gaming, and industrial applications alongside digital healthcare solutions creates complex auditing requirements that demand specialized expertise.

For the industry, this development highlights the importance of maintaining auditor relationships amid growing regulatory scrutiny of technology companies' financial disclosures. Cherry SE's ability to secure a replacement auditor quickly demonstrates corporate governance effectiveness, which could influence how other European technology firms approach similar transitions. The company provides additional information through its investor relations website at https://ir.cherry.de/en/.

Curated from NewMediaWire

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