Our Board of Directors determine the strategic direction of the company and oversee the implementation of key business decisions.

Dr Arend Oetker is the Honorary Chairman of the Hero Group Board of Directors, which is composed of Giovanni Ciserani (Chairman), Herbert J. Scheidt (Vice-Chairman), Dr Hagen Duenbostel, Leopold Oetker, and Margaret Versteden.

Hero Group Board of Directors

Dr Arend Oetker

Honorary Chairman

Dr Arend Oetker

Honorary Chairman

Dr Arend Oetker has held the position of Honorary Chairman of the Board of Directors of the Hero Group since March 2013. Before, he had served as Chairman of the Board of Directors of the Hero Group from 1997 to 2013.

After studying Business Administration and Political Sciences at the universities of Hamburg, Berlin, and Cologne from 1962 to 1966, and Marketing at the Harvard Business School in 1966, Dr Oetker earned his doctorate in Business Administration from the University of Cologne in 1967.

Dr Oetker is Managing Director and shareholder of Dr Arend Oetker Holding GmbH & Co. KG, as well as shareholder, Vice-Chairman and Honorary member of the Supervisory Board of KWS SAAT SE & Co.

KGaA (plant breeding) and shareholder of Cognos AG (education).

He is Honorary Chairman of the German Council for Foreign Relations e.V. (DGAP), Honorary Member of the Presidential Board of the Federation of German Industries e.V. (BDI), and Member of the Presidential Board of the Confederation of German Employers’ Associations (BDA).

Giovanni Ciserani

Chairman

Giovanni Ciserani

Chairman

Giovanni Ciserani joined the Hero Group Board of Directors in 2017 and took on the role of Chairman of the Board of Directors in March 2019. He also holds the chair of the Group’s Human Resources Committee.

Verona-born Ciserani worked his way up the ranks at P&G to become one of the company’s top executives. Educated at the prestigious Bocconi University in Milan, Italy, Ciserani spent his entire career at P&G, where he worked for more than 30 years. He retired from the position of Sector Group President Global Fabric and Home Care, Global Baby and Feminine Care at P&G in November 2018.

Ciserani, who is based in Switzerland, joined the Hero Group Board of Directors in 2017. He took over the position of Chairman of the Board of Directors in March 2019 from Dr Hasso Kaempfe who had held the position since January 2013. Ciserani’s position as Chairman was approved during the company's General Assembly in March 2019. Ciserani is also Chairman of the Hero Group Human Resources Committee.

Herbert J. Scheidt

Vice-Chairman

Herbert J. Scheidt

Vice-Chairman

Herbert J. Scheidt is Vice-Chairman of the Hero Group Board of Directors, and also holds the chairmanship of the Group’s Finance and Audit Committee and is a member of the Human Resources Committee.
He has been Chairman of the Vontobel Board of Directors since 2011, before which he served as the bank’s CEO. Prior to that, he worked for Deutsche Bank AG in various roles for two decades from 1982 culminating with his appointment as CEO of Deutsche Bank (Schweiz) AG in 2001.

Scheidt holds a Master’s in Economics from the University of Sussex (UK) and an MBA from the University of New York.

In addition to the Hero Group, Scheidt is also Chairman of the Board of Directors of Bank Vontobel AG and Vontobel Holding AG, Vice-Chairman of the Board of Directors of the SIX Group AG (Zurich, Switzerland), Member  of the Board of the Zurich Chamber of Commerce, Member of the Executive Committee of the Chamber of Commerce Germany-Switzerland (Zurich), Member of the Presidium of the German Council for Foreign Relations  e.V. (DGAP), and Member of the Board of Trustees of the Ernst von Siemens Music Foundation.  

Dr Hagen Duenbostel

Member of the Board of Directors

Dr Hagen Duenbostel

Member of the Board of Directors

Dr Hagen Duenbostel is a member of both the Hero Finance & Audit Committee and a guest at the Human Resources Committee. He is currently CEO and Executive Board Member of KWS Saat SE, a provider of agricultural seed, based in Einbeck, Germany.  He has been with the company since 1998 in various capacities, CFO of KWS, and latterly responsible for the Corn Division and Corporate Marketing. He began his professional career in auditing at PricewaterhouseCoopers AG in 1995.

Dr Duenbostel holds an MBA from the universities of Regensburg and Passau in Germany and obtained his doctorate from the University of Göttingen, Germany.

Beside his CEO mandate at KWS SAAT SE & Co. KGaA, Dr Duenbostel is a Member of the Executive Board of the German Plant Breeders’ Association (BDP) in Bonn and Member of C.H. Boehringer Sohn AG & Co. KG Advisory Board in Ingelheim, Germany.

Leopold Oetker

Member of the Board of Directors

Leopold Oetker

Member of the Board of Directors

Leopold Oetker joined the Hero Board of Directors in 2016. Since March 2019, he has been a member of the Hero Human Resources Committee and  Finance and Audit Committee.

Oetker successfully completed his studies in Culture Studies and History in Berlin and Copenhagen.

He undertook a two-year international business development traineeship at the Hero Group’s former partner Yildiz Holding, and worked at the Istanbul Foundation for Culture and Arts. He is involved in charitable work, helping underprivileged children in his hometown Berlin, Germany.

Oetker has taken an active role in formulating and promoting the Hero Group’s sustainability commitment to become net neutral.

Margaret Versteden

Member of the Board of Directors

Margaret Versteden

Member of the Board of Directors

Margaret Versteden joined the Hero Board of Directors in March 2019 and is a Member of the Human Resources Committee.

Versteden holds a Bachelor’s degree in Business Systems (IT) from Monash University in Melbourne, Australia, and an MBA from INSEAD, France. She is currently Chief Executive Officer of bol.com, the leading retail platform in the Netherlands and Belgium. Versteden joined bol.com from Bain & Company, where she was a managing partner, specializing in FMCG, retail, and eCommerce.

Prior to this, Versteden also worked at Nike as General Manager for Central and Northern Europe, and as strategy consultant at BCG in Australia, Southeast Asia and Europe for eight years.

Our executive management team

We design our organization in such a way that it supports us in living our company values. This is especially true for the leadership of our company. Our Executive Board defines our strategy and works towards fulfilling our mission.

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