Supervisory Board of the week: Grammer

Grammer

A major challenge for the twelve-member Supervisory Board of the Bavarian automotive supplier Grammer: The Supervisory Board must fill all Executive Board positions after all three Executive Board members announced this week that they would be resigning from their positions – only a few weeks after the takeover by the Chinese investor Ningbo Jifeng, which they unanimously endorsed. “With my resignation, I am giving the Supervisory Board and major shareholder the opportunity to discuss fundamental decisions about the future direction of the company independently of myself,” said CEO Hartmut Müller.

Chairman of Supervisory Board Klaus Probst with seven mandates

This will mean a great deal of work for the Chairman of the Supervisory Board, Klaus Probst (65), in particular. The former Leoni boss, however, is not bored: He also acts as Chief Controller at Leoni and is represented on five other supervisory and advisory boards, including Zapp AG and the Diehl Foundation. Probst is supported by the entrepreneurs Wolfram Hatz (Hatz diesel engines) and Ingrid Hunger (Hunger hydraulics). The other shareholder representatives on Grammer’s Supervisory Board are Birgit Vogel-Heuser, Professor of Electrical Engineering, Peter Merten, member of Rheinmetall Automotive’s Executive Board, and Bernhard Wankerl, a lawyer.