Axel Springer

Supervisory Board of the Year: Giuseppe Vita (Axel Springer)

After 17 years, the end will come next April: The Sicilian Giuseppe Vita (83) will resign from his position as Chairman of the Supervisory Board of the Axel Springer media group – “in the interest of the further rejuvenation of the Supervisory Board”, as the company announced. And even if some observers consider this step to be overdue due to Vita’s advanced age, the long-standing CEO of Schering must be …

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Oetker

Member of the Supervisory Board of the Week: Anna Maria Braun (Oetker)

A family entrepreneur strengthens a family business: Anna Maria Braun (39), designated CEO of the medical technology group B. Braun Melsungen, joined the Oetker Advisory Board on 10 December with immediate effect. There, the former business lawyer replaces Lufthansa CEO Carsten Spohr, who resigned his mandate two and a half months ago because he felt redundant after the sale of the Hamburg-Süd shipping company. The last year for August Oetker …

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Jürgen Abromeit

Supervisory Board of the week: Jürgen Abromeit (Indus)

The shareholders of Mittelstandsholding Indus elected their representatives to the Supervisory Board at an extraordinary general meeting. According to a company announcement, they appointed Jürgen Abromeit, CEO for many years, and Isabella Pfaller, former Munich Re manager and member of the Board of Management of Versicherungskammer Bayern since this year, as new members of the Supervisory Board. The remaining four shareholder representatives were re-elected, including entrepreneur Dorothee Becker and the …

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VW

Supervisory Board of the week: Wolf-Michael Schmid (Traton)

Volkswagen is pushing ahead with the IPO of its Traton truck division: Hans Dieter Pötsch’s Supervisory Board is to deal with the issue at an extraordinary meeting before Christmas; the appointment of the Traton Supervisory Board is also on the agenda. And according to a report in the Handelsblatt, a place is reserved there for Wolf-Michael Schmid: Accordingly, Lower Saxony has opted for the entrepreneur and former president of the …

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Werner J.  Bauer

Supervisory Board of the Week: Colin Hall (GEA)

Former Nestlé Chief Technology Officer Werner J. Bauer (67) resigned from the Supervisory Board of the Düsseldorf-based plant engineering company GEA last week “for personal reasons”. However, it does not threaten him with boredom: Bauer is still active in several supervisory bodies, including as deputy chairman of the supervisory board of Bertelsmann SE. His successor on the GEA Supervisory Board is the US American Colin Hall. How independent are GEA …

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ThyssenKrupp

Member of the Supervisory Board of the Week: Martina Merz

According to media reports, two important personnel decisions could be made when the ThyssenKrupp Supervisory Board meets next Tuesday. This week’s reporting focused on Daimler CFO Bodo Uebber (59), who is to join the Supervisory Board and replace Bernhard Pellens as Chairman of the Supervisory Board – possibly as early as next year. Another interesting personnel received less media attention: In addition to Uebber, former Bosch manager Martina Merz is …

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René Obermann

Supervisory Board of the Week: René Obermann (Airbus)

Former Telekom CEO René Obermann is to become Chairman of the aircraft manufacturer Airbus as early as 2019. According to a report in the Handelsblatt, the German government wants to prevent French dominance in this way when Guillaume Faury replaces Tom Enders as CEO in April. However, Dennis Ranque, the current Chairman of the Board of Directors, will remain in office until 2020, and no decision has yet been made …

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Ernst F. Schröder

Supervisory Board of the week: Ernst F. Schröder (Gerry Weber)

After the founder Gerhard “Gerry” Weber (77), does Ernst F. Schröder (70), chairman of the board, also leave the supervisory board of the Westphalian fashion company? According to Manager Magazin, the long-time Oetker CFO, whose mandate runs until 2020, would like to quit: “Insiders” assumed that Schröder “would resign for the next meeting in December”. However, colleagues on the Supervisory Board wanted to persuade him to continue at least until …

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Helmut Perlet (Gea)

Supervisory Board of the Week: Helmut Perlet (GEA)

Activist shareholders are increasingly vehemently targeting supervisory boards. One of the most prominent attackers at present is the former Allianz board member Helmut Perlet (71), who heads the control committee of the Düsseldorf-based plant engineering company GEA. In July the hedge fund Elliott of US investor Paul Singer, who also exerted strong pressure at ThyssenKrupp, criticized “the lack of independence of key members of the Supervisory Board, including the Chairman …

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Ceconomy

Supervisory Board of the Week: Jürgen Fitschen (Ceconomy)

Anyone who thought that Jürgen Fitschen could take it easy at the Deutsche Bank after his retirement will be disabused. In particular, his mandate as Chairman of the Supervisory Board of the retail group Ceconomy (Media Markt, Saturn) currently demands his full commitment: In an extraordinary meeting last Saturday night, the 20-member board decided that CEO Pieter Haas and CFO Mark Frese must take their hats. Fitschen and his colleagues …

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Knorr-Bremse

Supervisory Board of the week: Knorr-Bremse

This Friday, the automotive supplier Knorr-Bremse is going public, and in the run-up to the IPO, analysts and financial journalists have dealt with key financial figures and management in a proven manner – and once again largely ignored the Supervisory Board. In the FAZ interview, owner Heinz-Hermann Thiele described the “experienced and professional supervisory board” as an essential factor for the stock market maturity of his company. A lot of …

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Bernhard Pellens

Supervisory Board of the week: Bernhard Pellens (ThyssenKrupp)

When it comes to accounting, he is a true luminary: Bochum economics professor Bernhard Pellens (62) has written standard works and also dared to step out of the academic ivory tower into business – including as a member of the Supervisory Board of ThyssenKrupp. There he has now been promoted to Chairman of the Board and successor to Ulrich Lehner, as became known a few days ago. In this role, …

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