December 25, 2014 10:41 AM ET

Internet and Catalog Retail

Company Overview of Otto (GmbH & Co KG)

Company Overview

Otto (GmbH & Co KG) operates as a retailing and services company in Europe, North and South America, and Asia. The company operates through three segments: Multichannel Retail, Financial Services, and Services. The Multichannel Retail segment offers fashion and footwear products, lifestyle accessories, furniture, interior décor items, and toys, as well as technology, sport, and leisure products through e-commerce, catalogues, and over-the-counter retail. This segment operates approximately 400 stores, including OTTO shops and Crate & Barrel stores, as well as Sportscheck, Frankonia, and bonprix stores. The Financial Services segment provides banking, consumer loans, liquidity management, pay...

Wandsbeker Strasse 3-7

Hamburg,  22172


Founded in 1949

54,257 Employees


49 40 64610


49 40 64618571

Key Executives for Otto (GmbH & Co KG)

Chairman of the Executive Board and Chief Executive Officer
Age: 58
Chief Financial Officer and Member of the Executive Board
Age: 49
Chief Executive Officer of Suisses International S A
Chief Executive Officer of Otto Group Russia
Head of Mergers & Acquisitions and General Counsel
Compensation as of Fiscal Year 2014.

Otto (GmbH & Co KG) Key Developments

Otto Announces Executive Changes

Otto appointed Petra Scharner-Wolff as CFO with effect from October 1, 2015. Prior to her appointment as chief financial officer, Scharner-Wolff was responsible for human resources as well as the controlling and IT divisions of the group. Current CFO Juergen Schulte-Laggenbeck will resign from the position after the expiry of his contract at the end of September 2015. In 2016, Otto will also have to find successors to most of the seven management board members as the contracts of CEO Hans-Otto Schrader and his deputy Rainer Hillebrand are also set to expire.

Otto Group Presents at Go4Israel Conference, Oct-27-2014 03:00 PM

Otto Group Presents at Go4Israel Conference, Oct-27-2014 03:00 PM. Venue: Hilton Hotel, Tel Aviv, Israel. Speakers: Luc Muller, Senior Partner.

Otto Group Announces Earnings Results for the Fiscal Year 2013

Otto group announced earnings results for the fiscal year 2013. For the year, the company announced profit and revenue rose. The company said earnings before interest and taxes (EBIT) improved by 1.5% to EUR 392 million (USD 537.3 million) in 2014, while revenue rose to EUR 12 billion, 1.8% on the year.

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