Otto GmbH & Co. KG

11/05/2024 | Press release | Distributed by Public on 11/05/2024 10:15

Dr. Nadja Grabenströer Appointed CEO of SupplyX

With effect from December 1, 2024, Dr. Nadja Grabenströer will be appointed as the CEO of Otto Group Logistics GmbH, which operates under the brand SupplyX. She succeeds Eva Witte, who has supported the launch and establishment of SupplyX in addition to her role as Chief Financial Officer at Hermes Fulfilment. Together with Henning Goldmann, Grabenströer will form the management of the company.

In her role as Division Manager, Dr. Nadja Grabenströer played a key role in the establishment and launch of SupplyX. Most recently, she was responsible for the overarching sales strategy, market growth, finance and business analytics, marketing and communication, as well as quality management at SupplyX.

Grabenströer brings extensive experience from her time at McKinsey & Company and various positions within the Otto Group. As Division Manager of Sales and Corporate Functions at Hermes International and later as Division Manager at Otto Group Consulting, and in the Digital & Consulting department, she led strategic projects focusing on transformation and reorganization. She studied American Studies and Business Administration in Mainz, Poitiers, Juneau, and Hamburg, where she also completed her doctorate.

Kay Schiebur, Executive Board Member for Services, stated: "We are confident that Nadja Grabenströer, with her expertise and commitment, will drive the further development of SupplyX significantly. Her appointment also demonstrates the diverse career paths within our group and the attractive opportunities offered by the various business models. I wish her great success in her new role and would like to sincerely thank Eva Witte for her valuable work during the transition period."

Eva Witte will continue as Chief Financial Officer, working alongside Kevin Kufs and Roy Smolders to lead the management of Hermes Fulfilment. With Hermes Fulfilment as its central logistics service provider, the Otto Group is pursuing ambitious goals and aims to be among the top three fulfillment service providers in Europe by 2028 in terms of service, cost efficiency, and revenue growth.

More information

Media Contact

Annette Siragusano
+49 40 6461 3982
[email protected]

Lena Hufmann
+49 40 6461 5922
[email protected]

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.

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