Lufthansa

The worst case with Lufthansa seems to have been averted. But that is not enough: We urgently need a good governance alliance between politics and business.

Dear readers of the GermanBoardNews, the good news of the week was: The German government does not want to send politicians or state secretaries, but two independent experts to the supervisory board of Lufthansa. If the boards and the EU Commission approve the entry of the Corona Rescue Fund WSF, the company should therefore retain important entrepreneurial leeway. That’s a good thing. However, we will be watching very closely to …

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Annette Messemer

Supervisory board member of the week: Annette Messemer (Société Générale)

New task for Annette Messemer: The former divisional director of Commerzbank has moved to the board of directors of the financial institution Société Générale. This is already her fourth mandate on a French supervisory body: the Ludwigshafen-based woman also serves on the board of directors of the optician chain EssilorLuxottica, the food manufacturer Savencia and the minerals group Imerys. This makes Annette Messemer probably the most influential German manager in …

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Hasso Plattner

Top vs. Flop: Hasso Plattner & Jennifer Morgan

What is more important – rapid growth or customer satisfaction? The SAP Supervisory Board in the Walldorf “Clash of Cultures” gave a convincing answer. What some dismissed as a “settling of accounts” with former CEO Bill McDermott was much more: In an interview with Handelsblatt last week, SAP founder Hasso Plattner gave deep insights into the company’s culture – and at the same time revealed the real reason for Jennifer …

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Diversity

Top vs. Flop: Ertharin Cousin & Sigmar Gabriel

The Association of Supervisory Boards in Germany (VARD) has some time ago an own diversity ranking of the Dax supervisory boards presented. The idea behind this was that diversity is much more than the quota of women: it is about different ways of thinking, perspectives and networks. Therefore, one of the criteria of the ranking was the diversity of demonstrable relationships: Which committees are dominated by supervisory boards that are …

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Lufthansa

The state is not a good entrepreneur. The rescue fund WSF should therefore dispense with detailed specifications – and instead define central governance principles.

Dear readers of GermanBoardNews, the debate on the entry of the state rescue fund WSF into Lufthansa is in full swing. The result will have a signal effect: It is about nothing less than the question of whether we are heading for a state economy. Will politicians and ministry officials decide in future on the course of the companies that the taxpayer is rescuing? This would be devastating for the …

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Führung ist kein Entscheidungs-Privileg

Leadership is no longer a decision-making privilege, but a service to the modern organisation.

Dr. Christian Friege Chairman of the Board of Management of CEWE Stiftung & Co. KGaA We spoke with Dr. Friege about #FutureGoodGovernance. The interview was conducted before the outbreak of the Corona Pandemic.   A ship needs a captain. There is much talk about new management concepts, about participation and freedom. How much leadership will a company still need in the future and how much agility will it tolerate? How …

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Antonella Mei-Pochtler

Supervisory Board Member of the Week: Antonella Mei-Pochtler (ProSiebenSat.1)

The MDax Group ProSiebenSat.1 has appointed the Italian manager Antonella Mei-Pochtler (61 ) was appointed to the Supervisory Board. The special advisor to Federal Chancellor Sebastian Kurz was initially appointed by the court in April. At the Annual General Meeting in June, the shareholders are to approve the personnel. Born in Rome, she succeeds the former Microsoft and Hewlett-Packard manager Angela Gifford, who had already resigned her mandate in January. …

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Top vs. flop: Günther Fielmann and Kasper Rorsted

For Kasper Rorsted, another difficult week comes to an end. A few days ago, the Adidas boss had to announce poor figures for the first quarter – and get shareholders in the mood for even worse results in the current quarter. There is no doubt about it: Hardly any other manager has come under such public scrutiny during the Corona crisis. After Adidas announced that it was suspending rent payments …

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