The Management Board

Olaf Koch (photo)

Olaf Koch

Chairman of the Management Board
Areas of responsibility

Corporate Communications and Public Policy, Investor Relations and Corporate M&A, Corporate Legal Affairs & , Corporate Office, Corporate Strategy, Digital, Real

Profile

Olaf Koch was appointed Chief Executive Officer of METRO AG on 2 March 2017 for a term ending on 1 March 2022. He was the Chief Executive Officer of the former METRO AG (now: CECONOMY AG) from 1 January 2012 to 12 July 2017 and Chief Financial Officer of the same company from 14 September 2009 until the end of 2011. He was previously employed at the financial investor Permira. Following his graduation in business administration, Mr Koch started his career at Daimler-Benz AG in 1994. He was a board member of Mercedes Car Group from 2002 to 2007.

Pieter C. Boone (photo)

Christian Baier

Chief Financial Officer
Areas of responsibility

Corporate Accounting, Corporate Controlling & Finance, Corporate Risk Management, Corporate Tax, Corporate Treasury, METRO PROPERTIES, METRO LOGISTICS, MIAG, METRO Insurance Broker

Profile

Christian Baier was appointed member of the Management Board of METRO AG on 11 November 2016 for a term ending on 30 September 2020. He was the Chief Financial Officer (CFO) of METRO Cash & Carry from 1 July 2015 to 1 March 2017 and previously held the position of Group Director Strategy, Business Innovation and M&A at the former METRO AG. Mr Baier is 41 years of age and joined METRO Cash & Carry Germany as a member of the Management Board / Head of Finance and Administration – C+C Schaper – in the year 2011. He holds a BA in business administration and an MBA from New York University and was previously employed at the finance investor Permira and a number of banks.

Heiko Hutmacher (photo)

Pieter C. Boone

Chief Operating Officer
Areas of responsibility

METRO Cash & Carry (MCC) Operating Board, Operations, Expansion & Investment MCC, Food Service Distribution MCC, Global Food & Non-Food Sourcing, Global Business & Supplier Management, Marketing MCC, Quality Assurance MCC, / Logistics, MCC, METRO ADVERTISING, METRO SOURCING International, Classic Fine Foods, Pro à Pro, Rungis Express

Profile

Pieter C. Boone was appointed member of the Management Board of METRO AG on 2 March 2017 for a term ending on 30 September 2020. He was a member of the Management Board of the former METRO AG (now: CECONOMY AG) from 1 July 2015 to 12 July 2017. Mr Boone is 50 years of age and joined METRO Cash & Carry Russia in the year 2011 as the company’s Operations Director. He assumed the position of Managing Director at that company in March 2012. Mr Boone previously held management positions in Peru, the Philippines, Malaysia, Thailand and Indonesia for the Dutch trading company SHV Holdings.

Christian Baier (photo)

Heiko Hutmacher

Chief Human Resources Officer and Labour Director
Areas of responsibility

Human Resources (HR Campus, Compensation & HR Processes, Global Talent Management & Recruitment, HR Operations & Leadership, Labour Relations Germany & Labour Law), Corporate Responsibility, Global Business Services, Group Internal , Information & Technology, METRO SERVICES, METRO SYSTEMS

Profile

Heiko Hutmacher assumed his position on the Management Board on 2 March 2017 and was appointed Chief Human Resources Officer of METRO AG on 31 August 2017 for a term ending on 30 September 2020. He was a member of the Management Board of the former METRO AG (now: CECONOMY AG) from 1 October 2011 to 12 July 2017 and held the position of Chief Human Resources Officer. From April 2012 to June 2015, the 60-year-old headed the Human Resources Department at METRO Cash & Carry. Mr Hutmacher holds a degree in business administration. His experience in human resources spans over 30 years, including posts at IBM and Akzo Nobel.

Compliance
All measures specifying a company’s and its employees’ behaviour in accordance with legislation, established social guidelines and values.
Glossary
HoReCa
Short for hotel, restaurant and catering businesses. The HoReCa sector is a key customer group for METRO Cash & Carry. Due to their strategic focus on HoReCa customers, France, Germany, Italy, Japan, Portugal, Spain, Turkey and Classic Fine Foods have been attributed to the HoReCa cluster since financial year 2015/16. The new HoReCa, Multispecialist and Trader clusters replace the previous reporting regions of Germany, Western Europe, Eastern Europe and Asia.
Glossary
Supply chain
Different processes that contribute to the added value of a company. At METRO, these include logistics, marketing and sales.
Glossary
Trader
The term “Trader” at METRO Cash & Carry refers to the customer group of independent resellers such as operators of small grocery stores and kiosks, street food vendors, gas stations and wholesalers.

Since financial year 2015/16, the Trader cluster comprises the METRO Cash & Carry countries Moldova, Poland, Romania and Ukraine. The HoReCa, Multispecialist and Trader clusters replace the previous reporting regions of Germany, Western Europe, Eastern Europe and Asia.
Glossary
Franchising
Also licence sales or franchising system. Contractually regulated form of organisation: the franchisor grants independent franchisees the right to offer certain goods or services using a franchisor's name or trademark.
Glossary
Audit
A procedure that assesses an organisation’s processes and structures according to previously formulated standards and guidelines. Audits shed light on the effectiveness of process optimisation measures. If an audit is conducted by an external auditor, the certificate issued after the review can be used as evidence of adherence to standards
Glossary