Nachrichten aus der Corporate Governance Szene
Dear readers of GermanBoardNews, even though the new year is already two weeks old: I wish you all the best for 2021 and hope you have started January well and healthy. What’s on my mind at the moment is what we have experienced in the USA. The storming of the Capitol was a painful reminder of how fragile our democracy is – and how dangerous the populism embodied by Donald …
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Prominent reinforcement for the flight taxi developer Lilium from near Munich: Long-time Airbus boss Tom Enders (62) is moving onto the startup’s board of directors, as he himself announced on the Lilium blog this week. The young company stands for pioneering spirit and entrepreneurial courage, Enders wrote. He therefore did not have to think long when he was asked. On the board, the passionate helicopter pilot will meet tech investor …
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Dr. Stefan Wolf Chairman of the Management Board of ElringKlinger AG
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‘Stadler testimony in Audi trial’ Ex-Audi boss Stadler has spoken out for the first time himself in the diesel trial at Munich Regional Court. Click here for the article ‘All signs point to storm at Inter’ The second new boss in a short time is expected to get the sluggish chip giant back on track. Click here for the article ‘Major shareholder Kretinsky wants to expand power on Metro supervisory …
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*Anyone who thinks entrepreneurially must take a clear stance against populists. A plea for more consistent business lobbying We don’t know about you. But we can’t get the images of the storming of the Capitol out of our minds. The event brought home to all of us with brutal clarity how fragile our democracy is. It is not self-evident or immutable; it is an achievement that must be defended. And …
Read MoreElon Musk is now the richest person in the world. But I haven’t taken out a deposit in four weeks either. @frank_opitz
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Dear readers of the GermanBoardNews, two weeks ago I announced at this point that I would be carrying out an updated assessment of the ThyssenKrupp case. Seiher has made the issue more explosive: The Supervisory Board was severely criticized for its decision to grant the Executive Board members special compensation. I also consider the bonuses to be very questionable in view of the situation of the Company. Admittedly, the whole …
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‘Union attacks Conti: “If investor for the plant” in Aachen’ The trade union IG BCE accuses Conti’s supervisory board chairman Reitzle of wanting to rule through. Here you can read the article ‘Ex-Innogy boss Tigges to become chairman of Amprion’s board of directors’ After the takeover by Eon, Tigges left the energy supplier a good year ago – now he is to become the new chief controller at the network …
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Daimler Supervisory Board Chairman Manfred Bischoff (78), whom we criticized in the last issue, is introducing a generational change: At the Annual Meeting on March 31, 2021, shareholders are to elect three new controllers – BASF Chairman Martin Brudermüller, Shell CEO Ben van Beurden and Cisco manager Liz Centoni. The trio has been nominated for ex-Nestlé manager Petraea Heynike (73), former BASF CEO Jürgen Hambrecht (74) and Bischoff himself, who …
Read MoreIs there actually already a Barbie grill? If not, I’d call her Barbie Q. @LeChral
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The danger of blockades in the controlling bodies is growing. Why we need to rethink co-determination to prevent dangerous hangings. Good supervisory boards have been pushing vehemently for some time for flatter hierarchies and shorter decision-making paths. Because they have recognized: Only “agile” companies could react fast enough to rapid technological and social changes. It is therefore all the more annoying when the supervisory boards themselves become the brake on …
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Dr. Jürgen Reinert Chairman of the Managing Board at SMA Solar Technology AG
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