Frauke Mispagel bolsters the management team of Otto Group Digital Solutions

(PresseBox) ( Hamburg, )
With effect from 1 January 2019, Frauke Mispagel will be joining the Executive Board at Otto Group Digital Solutions (OGDS) and will head the Otto Group's own Company Builder unit together with Dr Björn Schäfers. In addition, the 37-year-old will also join the board of Liquid Labs.

Frauke Mispagel comes to OGDS from Axel Springer Plug & Play Accelerator GmbH. Managing director there since 2015, she succeeded in turning the start-up into a professional investment firm with investments in N26, among others. Previously, she was Senior Investment Manager at Axel Springer SE, where she was responsible for the "Early Stage" strategy and investments in Europe and the USA.

After studying at the Otto Beisheim School of Management (WHU) and taking a master's degree in economics at the University of York, Frauke Mispagel began her career in 2006 in investment banking at JP Morgan in London. In 2010, she was part of a team that founded Ecogood GmbH, an online platform offering consumers opportunities to save CO2 and support climate projects. A year later, Frauke Mispagel moved to Zalando GmbH in Berlin, where she was responsible for international business development and successfully accompanied the company's expansion into eight other countries.

Before joining the Axel Springer Group in 2014, Frauke Mispagel was Head of Digital Acquisitions at the Bauer Media Group, where she was instrumental in driving digital growth.

Sebastian Klauke, Chief Digital Officer of the Otto Group: "Frauke Mispagel brings with her considerable expertise in digital matters and profound strength in the implementation of projects. She will play a decisive role in providing crucial impetus for the further development of OGDS. We are delighted to have secured Frauke's services for this responsible task."

About Otto Group Digital Solutions

Otto Group Digital Solutions (OGDS) is the corporate company builder for the Otto Group and a strategic pillar of the organization. OGDS focuses on establishing startups in the e-commerce, fintech, and logistics sectors. The aim is to identify, develop, and establish new business models in the market to help shape the digital future of the Otto Group as a retail-related service provider. OGDS uses the assets of the Otto Group, such as customer knowledge, website reach, and logistics infrastructure as strategic levers to accelerate growth and build market-relevant companies.

The portfolio companies include collectAI (automated receivables management), Risk Ident (online fraud prevention), odc (full-service solution for fulfillment and returns), shopping24 internet group (provider of shopping portals and product search engines), Otto Group Media (data-driven advertising), as well as the two company builders Liquid Labs and into-e. There are also minority interests in ifeelgoods (Rewards platform) and picalike (similarity search).
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