Dr. Nadja Grabenströer to Lead Otto Group Logistics as New CEO, Succeeding Eva Witte

Dr. Nadja Grabenströer to Lead Otto Group Logistics as New CEO, Succeeding Eva Witte

(IN BRIEF) Dr. Nadja Grabenströer will be appointed CEO of Otto Group Logistics GmbH, operating under the SupplyX brand, effective December 1, 2024. She succeeds Eva Witte, who contributed significantly to the establishment of SupplyX while serving as Chief Financial Officer at Hermes Fulfilment. Grabenströer has played a crucial role in SupplyX’s development and brings extensive experience from her previous roles at McKinsey & Company and various positions within the Otto Group. Kay Schiebur, Executive Board Member for Services, expressed confidence in Grabenströer’s ability to advance SupplyX’s growth. Witte will continue as CFO of Hermes Fulfilment, where the Otto Group aims to rank among Europe’s top three fulfillment service providers by 2028.

(PRESS RELEASE) HAMBURG, 6-Nov-2024 — /EuropaWire/ — Effective December 1, 2024, Dr. Nadja Grabenströer will assume the role of CEO at Otto Group Logistics GmbH, operating under the SupplyX brand. She takes over from Eva Witte, who played a pivotal role in the launch and establishment of SupplyX while also serving as Chief Financial Officer at Hermes Fulfilment. Grabenströer will work closely with Henning Goldmann as part of the company’s management team.

Dr. Grabenströer has been instrumental in the development and successful launch of SupplyX during her tenure as Division Manager. Her recent responsibilities included overseeing sales strategy, market expansion, financial management, business analytics, marketing and communications, as well as quality management within the organization.

Bringing a wealth of experience to her new position, Grabenströer previously held roles at McKinsey & Company and various leadership positions within the Otto Group. She has served as Division Manager of Sales and Corporate Functions at Hermes International and as Division Manager at Otto Group Consulting. Her work in the Digital & Consulting division focused on leading strategic projects related to transformation and reorganization. Dr. Grabenströer holds degrees in American Studies and Business Administration from universities in Mainz, Poitiers, Juneau, and Hamburg, where she also earned her doctorate.

Kay Schiebur, Executive Board Member for Services, commented, “We have great confidence in Nadja Grabenströer’s expertise and dedication to propel SupplyX’s further development. Her appointment exemplifies the diverse career paths available within our organization and the compelling opportunities presented by our various business models. I extend my best wishes to her in this new role and express sincere gratitude to Eva Witte for her significant contributions during this transition.”

Eva Witte will continue in her capacity as Chief Financial Officer, collaborating with Kevin Kufs and Roy Smolders to oversee the management of Hermes Fulfilment. With Hermes Fulfilment serving as the central logistics provider, the Otto Group is setting ambitious targets and aims to rank among the top three fulfillment service providers in Europe by 2028, focusing on service quality, cost efficiency, and revenue growth.

This press release was authored to announce the appointment of Dr. Nadja Grabenströer as CEO of Otto Group Logistics and to highlight the company’s strategic goals moving forward.

About SupplyX

SupplyX is the new brand of Otto Group Logistics GmbH, which previously operated under the name Hermes International. As a leading logistics service provider in the field of global supply chain management and freight forwarding, particularly for B2B customers, SupplyX supports e-commerce and retail companies in planning, coordinating, and controlling the flow of goods. Special attention is given to performance optimization and the development of tailored supply chain management strategies to sustainably maximize customer benefits. The goal of SupplyX is to create a comprehensive and customer-oriented logistics offering that meets the dynamic demands of the market. Learn more at www.supplyx.info.

About Otto Group

Founded in 1949 in Germany, the Otto Group is today a globally operating e-commerce and service group with around 38,500 employees in 30 significant corporate groups, primarily present in the three economic areas of Germany, the rest of Europe, and the USA. Its business activities extend to the Platforms, Brand Concepts, Retailers, Services, and Financial Services segments. In the 2023/24 financial year (29 February), the Otto Group generated revenue of EUR 15 billion. With online sales of around EUR 10.8 billion (2023/24 financial year), the Otto Group is among the world’s largest online retailers. The Group’s main strength is its broad-based presence with various ranges of products for diverse target groups in important regions around the world. A number of strategic partnerships and joint ventures offer the Otto Group outstanding conditions for the transfer of know-how and the use of synergy potential. A high degree of entrepreneurial responsibility and the Group companies’ willingness to collaborate guarantee both flexibility and customer proximity along with optimal appeal to target groups in each country.

Media Contacts:

Annette Siragusano
+49 40 6461 3982
annette.siragusano@ottogroup.com

Lena Hufmann
+49 40 6461 5922
lena.hufmann@ottogroup.com

SOURCE: Otto Group