The owner of the Cologne-based company Musicstore, Michael Sauer is among the most successful European retailers and mail order specialists for musical instruments. After receiving his Abitur (school-leaving certificate granting entry into university studies), he completed a commercial vocational traineeship and began working in the music wholesale company owned by his father Artur Sauer (Scandalli-Sauer), where he remained until he was 29. In 1974, Michael Sauer became the new CEO of FARFSIA GmbH, a wholesaler that has since been acquired by Lear Siegler. At the same time, he started out on his own by taking over a small music retailer in Cologne, which very quickly became the city's largest music store. It later evolved into one of Europe's largest musical instrument mail order companies.
As COO Primondo, the mail order business of the Arcandor Group, and CEO of the Primondo Service Group, Hanns R. Rech has been responsible for the IT, customer service and logistics areas since March 2007.
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The former executive management member of Postbank started his career at Fried. Krupp Hüttenwerke AG and nine years later changed to Klöckner-Humboldt-Deutz AG, where he held several leading positions in the central department Finance. In 1991 Mr. Sperbel joined Postbank, where he later as member of the executive management took responsibility for treasury, controlling and credit. |