Yngve Slyngstad (Deutsche Bank)

At Deutsche Bank’s Annual General Meeting on May 19, the long-time head of the Norwegian sovereign wealth fund will stand for election to the Supervisory Board: Yngve Slyngstad is to replace former Google security chief Gerhard Eschelbeck, who is stepping down after five years. The 59-year-old Norwegian led the world’s largest sovereign wealth fund for 13 years, where he focused on high ESG standards at an early stage. His nomination …

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Stefan Sommer (Jost Werke)

Long-time top manager Manfred Wennemer is giving up one of his last posts: The 74-year-old is leaving the Supervisory Board of Jost Werke AG, which he has headed since 2017. His designated successor is long-time ZF Friedrichshafen CEO Stefan Sommer, who shareholders are expected to elect to the board at the annual general meeting in May. The commercial vehicle supplier is also proposing Deputy Chairman of the Supervisory Board Bernd …

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Katja Hessel (Deutsche Telekom)

Federal Finance Minister Christian Lindner is sending his Parliamentary State Secretary Katja Hessel to Deutsche Telekom: Shareholders are to elect the FDP politician to the supervisory board of the partly state-owned group at the shareholders’ meeting on April 7. The 50-year-old from Nuremberg joined the Bavarian state parliament in 2008 and moved to the Bundestag nine years later. Before her political career, Katja Hessel worked as a lawyer and tax …

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Reinhard Ploss (KnorrBremse)

Outgoing Infineon CEO Reinhard Ploss is allowing himself just two months’ rest: After leaving the company on March 31, the 66-year-old will stand for election to the Supervisory Board of Knorr-Bremse at the end of May. He is then to take over as Chairman, replacing 78-year-old former Daimler manager Klaus Mangold. The change at the top of the Supervisory Board is “planned for the long term,” said Mangold. Reinhard Ploss …

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Alessandra Genco (BASF)

The chemical company BASF wants to rejuvenate and internationalize its Supervisory Board: At the Annual Meeting in May, shareholders are to elect Alessandra Genco to the board. The 48-year-old works full-time as chief financial officer of the Italian aerospace and defense company Leonardo SpA (formerly Finmeccanica) in Rome. The former Goldman Sachs banker is joined in the election by ex-Bosch manager Stefan Asenkerschbaumer (65). The newcomers are to replace former …

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Markus Steilemann (Fuchs Petroclub)

Mannheim-based lubricant manufacturer Fuchs Petroclub has proposed a prominent manager for its Supervisory Board: at the Annual General Meeting in May, shareholders are to elect Covestro CEO Markus Steilemann to the board. The MDax company made the announcement in January. If successful, the 52-year-old would take over the mandate of long-time BASF CEO Kurt Bock (63). The 63-year-old will step down after the Annual Shareholders’ Meeting. However, Markus Steilemann – …

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Andreas Wiele (ProSiebenSat1 Media AG)

Supervisory Board Chairman Werner Brandt is calling it quits after eight years: The 67-year-old has announced that he will not stand for re-election at the Annual General Meeting in May. His successor will be former Axel Springer board member Andreas Wiele, ProSiebenSat1 has now announced. The 59-year-old worked for the Springer publishing house for 20 years, six of them as “Board Member BILD Group and Magazines”. Most recently, he was …

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Dominik Asam (Bertelsmann)

Interesting personnel development in Gütersloh: On January 1, Airbus CFO Dominik Asam will join Bertelsmann’s Supervisory Board, the company announced. The mechanical engineering graduate will not replace anyone there: Bertelsmann is increasing the supervisory body 13 to 14 members. The 52-year-old newcomer Asam will meet numerous experienced managers in Gütersloh, including Deutsche Bank board member Bernd Leukert, VW supervisory board chairman Hans Dieter Pötsch and Bodo Uebber. Two years on …

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Luisa Delgado (Swarovski)

The Austrian crystal group Swarovski has “reconstituted” its board of directors and appointed several independent experts. According to a report in Manager Magazin, former SAP personnel manager Luisa Delgado has joined the board. The Swiss-born Delgado already sits on a number of boards and supervisory boards, for example at IKEA and the Finnish energy supplier Fortum. Other newcomers to the Swarovski board of directors include ex-Cartier manager Annalisa Loustau, ex-Jacobs …

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Oliver Blume (Bugatti Rimac)

Porsche boss Oliver Blume and his chief financial officer Lutz Meschke will in future oversee electric car pioneer Mate Rimac, which once began in a – yes – garage in Zagreb. The VW subsidiary announced Tuesday that the two top executives are moving to Bugatti Rimac’s supervisory board. The joint venture, which Rimac’s founder and namesake heads as CEO, began operations in early November. Porsche and the Croatian e-sports car …

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Axel Hefer (Patrizia AG)

The Augsburg-based real estate group Patrizia has expanded and almost completely replaced its Supervisory Board: At the Annual General Meeting, the shareholders elected four new members to the now five-member body. Among the newcomers are Trivago CEO Axel Hefer (44), Doctolib COO Philippe Vimard (47) and FinTech entrepreneur Jonathan Feuer (59), three digital managers. Axel Hefer may also be known to some as the head of the supervisory board of …

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Christoph von Grolman

Pier Paolo Righi (Tengelmann)

The brothers Christian and Georg Haub have reached an agreement: Pier Paolo Righi, head of the Lagerfeld fashion brand, will join the three-member advisory board of the Tengelmann Group. He replaces asset manager Carl-Thomas Epping, whom the company appointed to the board earlier this year (at the request of the family of the late Karl-Erivan Haub). Astrid Hamker, entrepreneur and chairwoman of the CDU Economic Council, and Thomas Ingelfinger, member …

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