Post by Otto Group

Beginning of a new era: Effective 1 March, Benjamin Otto will assume main responsibility for the Otto Group. Benjamin will become Chair of the Foundation Board and Shareholders’ Council and as such will be responsible for the strategic management of the Otto Group. Benjamin embodies a new generation of entrepreneurs, representing an approach that seeks to holistically address the enormous social, economic and technological challenges of our time where entrepreneurship and foundation activities are to be combined in a novel way. The experienced entrepreneur and impact investor is aiming to transform the Group both technologically and culturally from its strong base, enabling it to continue to play a significant role in a world full of uncertainty and major AI disruption. Benjamin Otto: “I am truly passionate about doing business and I am convinced that together with a strong, diverse management team and our motivated employees, we will develop the Otto Group into a fully digitalized, AI and tech-defined and integrated group of companies that not only lives up to its social responsibility, but serves as a benchmark for sustainable commerce. It is particularly important to me that long-term success and the ability to make a sustainable impact continue to take precedence over short-term profit, much in line with the family tradition.” Photo: Christopher Busch