Olaf Koch

Olaf Koch (born 1970) is a German business executive. He is CEO of Metro AG.[1]

Not to be confused with Olaf Koch (conductor).
Olaf Koch
Koch at the Metro AG annual press conference in Düsseldorf, December 2019
Born (1970-06-01) June 1, 1970
Bad Soden am Taunus, Germany
NationalityGerman
EducationBaden-Wuerttemberg Cooperative State University Stuttgart
OccupationChief Executive Officer, Metro AG

Early life and education

Olaf Koch was born on June 1, 1970[2] in Bad Soden am Taunus, close to Frankfurt. His father was in sales at former Hoechst AG and the family moved several times during Koch’s childhood. He therefore also grew up in Barcelona and Stuttgart. After his Abitur in Stuttgart, he studied business administration at the Baden-Wuerttemberg Cooperative State University Stuttgart.[3]

Career

Koch began his career in 1994 as manager at Daimler-Benz AG’s department “Finance Process and Systems”. He founded his own IT company in January 1996 and published several books in the field of IT. In 1998, he returned to the Daimler Group (then DaimlerChrysler AG).[3] In 1999, he took over as director of the e-commerce division.[4] He subsequently held various positions within Daimler and became CFO of the Mercedes Car Group in October 2002.[5] In 2007, he went to private equity firm Permira as managing director.[6] As part of his role at Permira, he was a supervisory board member of Hugo Boss.[3] Koch came to Metro in September 2009 as CFO.[7] As of 1 January 2012, he took over as CEO of the company.[8] His contract was extended in 2014[9] and again in 2017.[10] On 21 August 2020 Olaf Koch announced to step down as CEO of Metro AG as of 31 December 2020.[11]

Personal life

Olaf Koch is married and has 3 children.[12]

References
  1. Storbeck, Olaf (2019-06-23). "Metro rejects takeover offer from Czech billionaire". Financial Times. Retrieved 2020-01-14.
  2. Bröcker, Michael; Winters, Georg (2017-04-01). "Digitalisierung ist unser Kerngeschäft". Rheinische Post. Retrieved 2020-06-23.
  3. Jensen, Sören (2012-08-24). "Ehrliche Haut". Manager Magazin. Retrieved 2020-06-23.
  4. Breitkopf, Thorsten (2013-03-30). ""Die Metro will zurück in den Dax"". Rheinische Post. Retrieved 2020-01-14.
  5. Koch, Brigitte. "Zum Ausruhen keine Zeit". Frankfurter Allgemeine Zeitung. Retrieved 2020-06-23.
  6. Ludowig, Kirsten (2012-01-17). "Der neue Metro-Chef setzt eine Duftmarke". Handelsblatt. Retrieved 2020-06-23.
  7. "Metros neuer Chef startet mit schwerer Hypothek". Handelsblatt. 2011-11-18. Retrieved 2020-01-14.
  8. Weber, Stefan (2011-11-18). "Olaf Koch wird neuer Vorstand". Süddeutsche Zeitung. Retrieved 2020-06-23.
  9. "Koch bleibt bis 2018 Metro-Chef". Handelsblatt. 2014-09-24. Retrieved 2020-01-14.
  10. "Handelskonzern feilt an der Aufspaltung". Handelsblatt. 2017-03-31. Retrieved 2020-01-14.
  11. "Metro-Chef Olaf Koch will zum Jahresende gehen". Die Welt. 2020-08-21. Retrieved 2020-10-12.
  12. Seidel, Hagen (2012-03-18). "Vita: Olaf Koch". Die Welt. Retrieved 2020-01-14.
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