Otto GmbH & Co. KG
Otto GmbH & Co. KG
09/13/2024 | Press release | Distributed by Public on 09/13/2024 02:01
David Heckel succeeds Peter Carstens as Vice President of Group Tax
After many years as Head of Tax, Peter Carstens is handing over the responsibility for the Group Tax division of the Otto Group to current department head David Heckel, effective October 1, 2024.
David Heckel will take on the role of Vice President Group Tax, overseeing the tax affairs of the Otto Group, a leading trading and services company. He has been with the Otto Group for eight years and currently leads the Corporate Tax department, where he and his team manage the tax consulting for domestic group companies.
David Heckel's professional career began in 2005 after earning his degree in Business Law at KPMG AG, where he focused on general corporate taxation as well as process and tax reporting consulting for both national and international clients.
In 2016, the Otto Group recruited David for the Group Tax division, and by the end of 2020, he took on the role of Corporate Tax Principal, overseeing the technical management of the Corporate Tax area. In this capacity, he is responsible for tax consulting for domestic group companies, managing tax declaration requirements, and addressing challenges arising from the digital tax agenda.
"With his expertise and strong commitment, David will make significant contributions to the Group Tax division and steer the tax affairs of the Otto Group," emphasizes Petra Scharner-Wolff, CFO of the Otto Group. "We are delighted to have David in this position and wish him much success in his new role."
David Heckel will take over his responsibilities from Peter Carstens, who will conclude his long-standing service with the Otto Group at his own request in mid-2025, in accordance with a long-term agreement. Until then, he will continue to support his colleagues in an advisory capacity.
"Peter has shaped the Group Tax division into what it is today over all these years. The Otto Group owes him a great debt of gratitude. We will miss the excellent collaboration with such a professionally and personally fantastic colleague," highlights Petra Scharner-Wolff.Peter Carstens stated, "After around 25 intense years as Head of Tax, I look forward to filling my life with new topics and challenges. I would like to thank Petra Scharner-Wolff, the board, my team, and all my colleagues for the good cooperation over the many years."
More Information
Media Contact
Thomas Voigt
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About the Otto Group
Founded in 1949 in Germany, the Otto Group is today a globally operating e-commerce and service group with around 38,500 employees in 30 significant corporate groups, primarily present in the three economic areas of Germany, the rest of Europe, and the USA. Its business activities extend to the Platforms, Brand Concepts, Retailers, Services, and Financial Services segments. In the 2023/24 financial year (29 February), the Otto Group generated revenue of EUR 15 billion. With online sales of around EUR 10.8 billion (2023/24 financial year), the Otto Group is among the world's largest online retailers. The Group's main strength is its broad-based presence with various ranges of products for diverse target groups in important regions around the world. A number of strategic partnerships and joint ventures offer the Otto Group outstanding conditions for the transfer of know-how and the use of synergy potential. A high degree of entrepreneurial responsibility and the Group companies' willingness to collaborate guarantee both flexibility and customer proximity along with optimal appeal to target groups in each country.
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