Petra Scharner-Wolff

Petra Scharner-Wolff is the first female CEO of the Otto Group, assuming the role in March 2023 after a long tenure with the company that began in 1999. Formerly the CFO, she is known for her forthright leadership style and aims to enhance performance-oriented elements within the organization. Under her direction, the Otto Group faces challenges from budget competitors like Temu and Shein, as well as external pressures such as tariffs imposed during the Trump administration.