Chrono24 Appoints New Chairman Tobias Hartmann
Company - People | Jun 24, 2025 | Aim Group
Chrono24, a prominent marketplace for luxury watches, has announced a significant change in its leadership structure. The company's co-founder and former CEO, Tim Stracke, has stepped down from his position as chairman of the supervisory board, with Tobias Hartmann, the ex-CEO of the Scout24 Group, taking over the role. Stracke, who is also the third-largest shareholder of Chrono24, will remain on the company's board and aims to contribute more directly to its strategic direction. Hartmann's appointment is timely, as he brings over 20 years of experience in leading marketplace businesses, particularly following his six-year tenure at Scout24. In recent months, Chrono24 has been actively evolving, having appointed Timm Armbrust as CFO and COO earlier this year, and launching a global marketing campaign. These developments indicate a strategic push towards expanding Chrono24's influence in the global luxury watch market.
Sectors
- E-commerce
- Luxury Goods
- Technology
Geography
- Germany – Chrono24 is based in Karlsruhe, Germany, and is a key player in the country's tech and luxury goods market.
- Global – Chrono24 has established a global presence with offices in Berlin, New York, Miami, Tokyo, and Hong Kong, and operates in more than 120 countries.
Industry
- E-commerce – Chrono24 operates as a luxury watch marketplace that connects dealers and private sellers with buyers worldwide, categorizing it under e-commerce.
- Luxury Goods – The focus on luxury watches positions Chrono24 within the luxury goods industry, catering to a high-end consumer market.
- Technology – Being an online marketplace that develops a platform for buyers and sellers, Chrono24 aligns with the technology sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chrono24 | Target Company | Company | A global luxury watch marketplace based in Germany. |
| Tim Stracke | Former Chairman / Board Member | Person | Co-founder and former CEO of Chrono24, recently moved to a board member role. |
| Tobias Hartmann | New Chairman | Person | The newly appointed chairman of Chrono24 and former CEO of the Scout24 Group. |
| Scout24 Group | Previous Employer of New Chairman | Company | A European company specializing in digital marketplaces for real estate and automobiles. |
| Timm Armbrust | CFO and COO | Person | Appointed as CFO and COO of Chrono24 earlier this year. |