The state is not a good entrepreneur. The rescue fund WSF should therefore dispense with detailed specifications – and instead define central governance principles.

Dear readers of GermanBoardNews, the debate on the entry of the state rescue fund WSF into Lufthansa is in full swing. The result will have a signal effect: It is about nothing less than the question of whether we are heading for a state economy. Will politicians and ministry officials decide in future on the course of the companies that the taxpayer is rescuing? This would be devastating for the …

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Rüdiger Grube

Supervisory Board of the week: Rüdiger Grube (Vossloh)

The transport technology group Vossloh has hired a prominent manager: Former Railway boss Rüdiger Grube is to move into the six-member supervisory board shortly and then take over as chairman, the company announced earlier this week. The current Chairman of the Supervisory Board, Ulrich Harnacke, will retain his mandate and take over the chairmanship of the Audit Committee. A place on the supervisory body had become vacant because Bernhard Düttmann …

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ThyssenKrupp: Women’s duo determine the fate of the industrial icon

A few days ago, a study hit the headlines according to which men occupy key positions on Germany’s supervisory boards. At least at ThyssenKrupp things are different: there the new committee chairman Martina Merz and Ursula Gather from the major shareholder Krupp Foundation are now in charge. After the turbulences of recent months and in particular the sudden change of strategy, it is now up to two women to decide …

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Die Ghosn-Affäre wirft immer wieder neue Fragen auf

Die Verhaftung von Renault Chef Carlos Ghosn bringt nun auch Nissan in Bedrängnis. Der japanische Teil der Gruppe wird von Ermittlungen der Staatsanwaltschaft bedroht. Auch neue Verschwörungstheorien machen die Runde. Die Verhaftung von Renault Nissan-Chef Carlos Ghosn besetzt nun auch die Politik Frankreichs und Japans auf höchster Ebene. Der japanische Wirtschaftsminister Hiroshige Seko wird am Donnerstag in Paris mit seinem französischen Amtskollegen Bruno Le Maire über die französisch-japanische Auto-Allianz und …

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Klaus Lutz

Baywa boss Klaus Lutz: The last Sun King?

It is one of the most critical portraits we have read in recent years: In its current issue, Manager Magazin writes about Klaus Lutz, who has been managing the fortunes of Germany’s largest agricultural group Baywa for ten years – and criticises his “big ego” and his “baroque and complacent management style”. The 60-year-old is an “autocrat who knows only subjects” and “understands every contradiction as an affront”. Now we …

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