Former Metro boss founds start-up consulting firm
Olaf Koch, the ex-CEO of Metro, has a new side job. He is founding a strategy and investment consultancy.
Olaf Koch does not take much time off. At the end of the year, he left the executive suite of the Metro Group and is now founding a strategy and investment consultancy for young companies. Koch's newly founded company is called Monrepos Advisers. This is reported by Wirtschaftswoche. Depending on the start-up, Koch will act as an investor, business angel or in some other form, he said.
"This will certainly not become my main activity, but I already found working with founders at Metro extremely exciting," Koch told Wirtschaftswoche. However, he said he would not support any business models from the gastronomy or wholesale sectors with Monrepos Advisers. The name of his consultancy refers to the Monrepos Castle in Ludwigsburg, where he founded his first company in 1995.
Metro will now - until a successor for Koch is found - be jointly managed by the two board members Christian Baier and Rafael Gasset.
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