Michael Otto (* 12 April 1943 in Kulm) is chairman of the board the petrol dispatch group, which he removed to the global most successful distributing house.

Michael Otto buildup in Hamburg as a son of Werner Otto. After bank teachings with Merck, Finck & Co. in Munich it studied national economy, attained a doctorate and became 1971 executive committee in the enterprise of its father. In February 1981 it ascended to the chairman of the executive committee Otto GmbH.

Due to its commitment for the environment and lastingness he received various honors (German environmental price, Sustainability Leadership Award). Around concrete projects to promoting it donated the Michael Otto donation for environmental protection to 1993, in whose Kuratorium it holds the presidency.

To its further honorary commitments belong the function of the vice- of the Chamber of Commerce Hamburg, the presidency of the Kuratoriums of the society for politics and economics registered association (house tears Hamburg) and the presidency of the donation advice of the environmental donation WWF Germany. He is initiator and chairman friend circle of the university for screen end of arts Hamburg, deputy chairman of the board in the culture area of the BDI and chairman of the Kuratoriums Werner Otto donation for medical research.

Michael Otto holds supervisory board mandates with the Axel Springer AG and the Gerling company insurance participation AG. The moreover one he is partner Robert Bosch industrial trust kg, which for 93% of the being correct rights Robert Bosch GmbH holds.

2001 it was to the manager of the yearly. In addition the eightfold billionaire according to the Forbes list the third-richest man of Germany is world-wide and at place 45 of the richest persons.

Related links

• Manager magazine: Manager of the yearly
• Michael Otto donation
• Interview into "the time"

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