After 54 years with the company, Michael Otto is stepping down next year to devote himself to the fight for democracy and climate. Before that, however, the chairman of the supervisory board of the trading empire of the same name still has to overcome major challenges.

Michael Otto in an interview about reorganization and austerity measures in the Otto Group. He gradually hands over power over the trading Empire to his son Benjamin. Read manager magazine and Harvard Business Manager as an e-paper in the app for just €24.99 per month.