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 consultant. On the Telekom Supervisory Board, she replaces Rolf Bösinger, a member of the SPD, who served as State Secretary for Finance until the end of 2021.

Frank Appel to succeed Ulrich Lehner

In addition to Hessel, shareholders are expected to elect Post CEO Frank Appel and KfW CEO Stefan Wintels to the board. They would succeed Supervisory Board Chairman Ulrich Lehner and long-time Carl Zeiss CEO Michael Kaschke. Former Morgan Stanley Germany CEO Dagmar Kollmann, who has been a member of the board since 2012, is standing for re-election. Frank Appel is planned as the new Chief Executive Officer and Lehner’s successor, which has met with criticism from shareholder advocates.