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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Snabe vs. Kaeser: The end of multi-supervisory boards?

Overboarding: Busy controllers are increasingly being targeted by shareholders. Some recognize the signs of the times, others continue to collect items as if their working day had 24 hours Jim Hagemann Snabe is resigning from two posts at once: the former SAP CEO is leaving the supervisory boards of Allianz and Maersk, as was announced at the beginning of the month. This will give the 56-year-old more time to concentrate …

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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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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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Stefan Asenkerschbaumer (Bosch)

Volkmar Denner is breaking with tradition: The chairman of the Bosch Group’s board of management will not be heading the supervisory board when he hands over to his successor Stefan Hartung at the end of the year. Instead, chief financial officer Stefan Asenkerschbaumer will replace the current chairman of the supervisory board, Franz Fehrenbach (71), the company announced. The 65-year-old Stefan Asenkerschbaumer started as a trainee at Bosch in 1987, …

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