Dr. Timo Gruenert has been appointed as CEO of Oetker Collection at Oetker Collection
On May 1st 2020, Mr. Marrenbach will pass his responsibility as CEO of Oetker Collection to Dr. Timo Gruenert, who has served as the company's CFO and CoManaging Director since 2009.
Dr. Gruenert started his career as Assistant to the Managing Partner of Dr. August Oetker KG after receiving his PhD from University of Giessen with a thesis on Mergers & Acquisitions in corporate crisis. Since 2009, Dr. Gruenert and Mr. Marrenbach closely cooperated in creating the Oetker Collection on the basis of the existing hotel portfolio owned by the Oetker Group at that time. By adding a number of prestigious hotels owned by third parties but managed by Oetker Collection, they jointly developed the growth strategy for the company.