Online tyre and wheel distributor Delticom announced yesterday that Rainer Binder, the company’s co-founder and indirect major shareholder, intends to resign as chairman and member of the Delticom Supervisory Board. Binder is reportedly relinquishing this role for “personal reasons” and his resignation takes effect from 29 February.
This month, online tyre dealer Delticom celebrates 15 years in the business. The company was set up in Germany on 2 July 1999 by former Continental sales managers Rainer Binder and Dr. Andreas Prüfer, together with internet expert Timon Samusch. Initial capital invested in the company was DM 60,000 (approximately €30,000 using the changeover rate), and turnover in the second half of 1999 amounted to DM 1.8 million. On 15 January 2000, the four-employee company (at the end of 2013 Delticom had 254 employees) launched its first B2C portal, the German-market reifendirekt.de site, and the following May it entered the B2B segment with autoreifenonline.de. At its absolute peak, Delticom received 600 orders a day in 2000.
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