Wirecard

Wirecard is a wake-up call! We need a corporate governance master plan.

Dear readers of GermanBoardNews, while the German government is acquiring shares in Lufthansa and ‘delegates’ its representatives to the Supervisory Board, the other prominent shareholder, Commerzbank, has the Chairman of the Board of Managing Directors and the Chairman of the Supervisory Board, because they obviously cannot/do not want to withstand pressure from an investor (see our top vs. flop today). I would like to first of all dedicate myself again …

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Philipp Rösler

Supervisory Board of the week: Philipp Rösler (Brainloop)

Brainloop, the IT and software company, announces a prominent new addition to its supervisory board: former Minister of Economics and Vice Chancellor Philipp Rösler has been a member of the supervisory board since the beginning of the month. The 47-year-old, who now lives with his family in Zurich, is thus continuing his path to the multi-supervisory board: Rösler already sits on the supervisory boards of Siemens Healthineers, the Finnish energy …

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Deutsche Börse

The Wirecard case proves: Corporate governance regulations in Germany have reached their limits. It is time for a change of course!

Dear readers of the GermanBoardNews, what is going on in Corporate Germany? We dealt with Lufthansa on several occasions, and then Wirecard suddenly surprised us. Really? Yes. I too was inclined to see the company with rose-colored glasses. After all, Wirecard has brought reputable supervisory board members on board in the last two years (and, by the way, has a quota of women that exceeds everything else). Further Supervisory Board …

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Aareal Bank

In the future, too, “good corporate governance” will be needed to stay on course. However, the way leadership is to be understood is changing, because the general conditions are changing at an incredible speed.

We spoke with Ms. Korsch and Mr. Merkens about #FutureGoodGovernance.                 Marija Korsch Chairman of the Supervisory Board of Aareal Bank           Mr. J. Merkens Chairman of the Management Board of Aareal Bank   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 …

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Emma Watson

Supervisory Board Member of the Week: Emma Watson (Kering)

Interesting personnel at the French luxury group Kering, which includes brands such as Gucci and Yves Saint-Laurent: The British actress Emma Watson (30), who became famous as Hermione, the magic student in the Harry Potter films, has joined the “Board of Directors”. Other new additions are former Credit Suisse boss Tidjane Thiam and Jean Liu, manager of a Chinese logistics company. The reason for Watson’s appointment is not her acting …

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Thiele

Top vs. flop: Heinz-Hermann Thiele – lateral thinker or lateral driver?

The exchange of blows between Lufthansa’s major shareholder Thiele, management, and the German government shows We need more entrepreneurial spirit in the corporations.   Heinz-Hermann Thiele is a wanderer between two worlds: On the one hand, the owner of Knorr-Bremse is a genuine medium-sized entrepreneur with a patriarchal habitus. On the other hand, the 79-year-old skilfully moves in the habitat of top managers, investment bankers and M&A lawyers, as he …

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Deutsche Börse

Corporate Governance: How Theodor Weimer can make the stock exchange a better place

Dear reader of GermanBoardNews, theodor Weimer is currently one of the most sought-after decision-makers. His appointment to the Supervisory Board of Deutsche Bank has met with a positive response far beyond the financial sector. Dissenting voices were raised only because there were fears in Deutsche Börse’s environment that he could replace Paul Achleitner as Chairman of the Supervisory Board as early as 2022 – and therefore leave as CEO. That …

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