Overview
- Otto Group announced that Marc Opelt, 63, will retire after leading its largest subsidiary since June 2018.
- Boris Ewenstein, 48, is slated to succeed him and is expected to assume the top role by March 1.
- Ewenstein has served on the executive board since May 2024 with responsibility for trade and marketplace operations.
- The subsidiary in question operates the otto.de online sales platform for the Hamburg-based retail group.
- Opelt, an Otto veteran of more than three decades, described the transition as a deliberate and forward-looking step on LinkedIn.