07.07.20222min

Frank Selbach to become Group Vice President Otto Group IT

Frank Selbach will head Otto Group IT as Group Vice President by January 01, 2023 at the latest. He succeeds Alexander Peters, who will become the new Managing Director of the Manufactum Group, which is part of the Otto Group, on August 1, 2022 after four successful years in this role.

Frank Selbach has nearly 30 years of experience in the IT sector, including 13 years in the role of Chief Information Officer (CIO) in various companies such as Schäfer Group and Witt Group. In addition to his deep expertise in IT and e-commerce, Frank is a seasoned leader with extensive expertise in change management and the transformation of large IT organizations. Most recently, he was an Associate Partner at the international consulting firm Retail Capital Partners, for which he advised omnichannel and e-commerce retailers on business intelligence, process optimization in purchasing, e-commerce and marketing, and the selection of PIM systems, among other topics.

Previously, the business graduate had been, among other things, CIO of the Witt Group, which belongs to the Otto Group, for more than four years. In this role, he was responsible for the reorganization, restructuring and transformation of Witt IT into a product-oriented, agile target organization and managed the integration of the IT divisions of Heinrich Heine GmbH into the Witt Group. In addition, he was responsible for the consistent digital transformation of the e-commerce infrastructure, including the implementation of the Witt Commerce Cloud, which is based on the About You Cloud (today: Scayle), and participated in the development of the Tech Strategy for the entire Otto Group. He studied computer science and business administration at the University of Nuremberg-Erlangen.

Sebastian Klauke, Member of the Executive Board, E-Commerce, Technology, Business Intelligence, and Corporate Ventures, says: "We are delighted to welcome Frank back to the Otto Group. I have enjoyed working with him in the past and look forward to continuing to do so in a Group capacity in the future. His extensive track record and many years of leadership experience make him a great fit for the role of Group Vice President. I am convinced that Frank will successfully develop Otto Group IT in line with our strategy."


Further Informationen

Media contact

Thomas Voigt
+49 40 6461 4010
thomas.voigt@ottogroup.com

Marina Lenz
+49 40 6461-8787
marina.lenz@ottogroup.com

About Otto Group

Founded in Germany in 1949, today the Otto Group is a globally active retail and services group with around 41,000 employees in 30 major company groups primarily active in the economic regions of Germany, the rest of Europe, and the USA. Its business activities span the Platforms, Brand Concepts, Retailers, Services and Financial Services segments. In the 2022/23 financial year (to 28 February) the Otto Group generated revenues of 16.2 billion euros. With online revenues of approximately 12 billion euros, the Otto Group is one of the world’s largest online retailers. The Group’s particular strength is the broad market presence of its differentiated product assortments and service offers to diverse customer target groups in the world’s relevant economic regions. Numerous strategic partnerships and joint ventures provide the Otto Group with excellent opportunities to transfer know-how and leverage areas of synergy potential. Group companies demonstrate a high degree of corporate responsibility and willingness to collaborate with one another; at the same time this guarantees flexibility, customer proximity and optimal target-group appeal in their respective national markets.


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