Hans-Otto Schrader, CEO of the Otto Group, makes no secret of the fact that he is a fan of Bruce Springsteen. But then why should he? “Working on a dream” – the songs of the American rock singer would be a perfect soundtrack for the Hermes success story.

Hans-Otto Schrader, 55, has been CEO of the Otto Group since October 2007. Hermes is a wholly owned subsidiary of the Group. Spread across the segments of multi-channel retailing, financial services and other services, a total of 120 companies with around 50,000 employees work for the Otto Group worldwide.