Martin Brudermüller

BASF boss Brudermüller: In the cave of the green lions

For a long time, chemical companies and the Greens did not seem to fit together. But recently we were surprised by the news that BASF CEO Martin Brudermüller is moving into the new Green Economic Advisory Board, which will be constituted in mid-October. BASF management is conducting an “open discussion with all groups that are interested in a dialogue and a joint shaping of the future,” according to the company. …

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Rolf Buch

Vonovia CEO Rolf Buch: In the service of shareholders AND tenants?

Some investors would not like to hear that: When asked to whom he feels more committed (the tenants or the shareholders), Vonovia CEO Rolf Buch replied in an interview with Spiegel: “Both. We have to find a balance, that’s our job.” Of all people, the man that some consider to be the prime example of a profit-fixed real estate capitalist is thus an opponent of the shareholder value concept – …

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DFL-Aufsichtsrat

Soccer Bundesliga: Who will be the new DFL Supervisory Board Chairman?

Amazingly good news from German professional football: The German Football League (DFL) – an association of first and second division clubs – wants to strengthen its supervisory board. As the “kicker” reports, the 36 DFL members are to “elect a chairman of the supervisory board” next year, who will replace the president as “supreme representative”. In addition, the supervisory body is to be expanded from six to nine members. According …

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Kasper Rorsted

Bäte, Ploss, Rorsted & the Nationalism: Reinforcement for Joe Kaeser

Thoughtful sounds by Kasper Rorsted: In an interview with DIE ZEIT, the Adidas boss replied to the question whether he supported Siemens boss Joe Kaeser when he warned of”emerging nationalism and racism in Germany”:”Before Chemnitz, I would have said: No. Maybe now I have to reconsider that” Other top managers have already done so and have taken a clear stance in recent days. Many people hate, envy and call for …

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Personal Governance

Personal Governance: DWS defines the independent Supervisory Board

The Supervisory Board, as stated in the professional principles of the Association of Supervisory Boards in Germany (VARD) under the keyword”independence”, should exercise its mandate”self-determined and free from third-party influences”. But when exactly are supervisory boards”independent”? Corporate governance expert Michael Schmidt (DWS) and Julia Redenius-Hövermann (Frankfurt School of Finance) have now shed light on this. In their analysis, which is worth reading, they take the view that supervisory boards representing …

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Thomas Deutschmann

Digital Supervisory Board: The time of mountains of files is over

Yes, companies in German-speaking countries are lagging behind – at least as far as the digitalisation of supervisory and management boards is concerned. This is shown by a recent study by Brainloop, EY, the Leipzig Graduate School of Management and the Philipps-Universität Marburg, whose key findings were presented by Brainloop CEO Thomas Deutschmann a few weeks ago at the 13th German Supervisory Board Day. But there is a glimmer of …

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Christian Berner

Berner family business: Young successor on crash course?

Imagine yourself: A 31-year-old successor moves the headquarters of a long-established company in Baden-Württemberg to Cologne. He cuts most of the sales staff’s commissions, shuts down ten subsidiaries and leaves hardly any other stone on top of it. A consulting-resistant egomaniac who drives his father’s life’s work against the wall? No, the decisions of Christian Berner, CEO of the screw and chemical distributor Berner SE (1 billion turnover, 8,500 employees), …

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Olaf Koch

Franz Markus Haniel: Where the Manager Magazine is wrong

Things can be seen so differently: When Franz Markus Haniel (63) voluntarily resigned as Chairman of the Metro Supervisory Board almost three years ago, we paid tribute to him. The former Barry-Callebaut CEO Jürgen Steinemann (59) was not a representative of the major shareholder Haniel, but an external candidate – in our view a strong signal for the independence of the Metro Supervisory Board and good corporate governance. However, in …

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Diversity: Which CEOs and supervisory boards are really serious about it?

At this point, we have repeatedly called for greater diversity on the boards of management and supervisory boards. However, this is not just about the right mix of experts. In the spirit of good personal governance, diversity also has a personal dimension: Boards of Management and supervisory boards that not only exchange ideas with their peers, but also with scientists, politicians or representatives of civil society, receive a variety of …

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Arne Schönbohm

Cyber security: How BSI boss Schönbohm supports the economy

The Alliance for Cyber Security, to which the Association of Supervisory Boards in Germany (VARD) is also committed, is growing strongly: almost 3,000 companies and institutions now belong to it. And according to the initiator, the Federal Office for Information Security (BSI), “more participants join in every day”. With this, BSI President Arne Schönbohm is consistently pursuing the strategy of making the once sleeve-heavy authority a close partner of the …

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Künstliche Intelligenz

Artificial Intelligence & Ethics: Which supervisory boards are important now?

According to“Der Spiegel”, diplomats will discuss autonomous weapon systems (“killer robots”) in Geneva next week. 26 countries are therefore calling for a ban, but in view of the opposition from the USA and Russia this is unlikely to happen. That’s why business and science are now all the more in demand, and fortunately thousands of researchers, AI experts, entrepreneurs and managers from all over the world have signed an open …

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Wirecard Aufsichtsrat

Supervisory Board of the Week: Why the Wirecard Board is now ready for the Dax

Since Tuesday, Wirecard has been more valuable on the stock exchange than Deutsche Bank – and even twice as highly rated as Commerzbank. The chances of being admitted to the DAX in September have thus increased significantly, which the management of CEO Markus Braun is likely to regard not only as an accolade, but also as a source of satisfaction. After all, Wirecard has been heavily attacked time and again …

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