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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Bock, Rabe, Reitzle – Why do supervisory boards approve share buybacks?

Corona crisis. Digitization. Climate protection. But instead of putting money aside or investing heavily, Dax companies are buying shares en masse. A revelation that reveals considerable problems in the supervisory boards Have you been rubbing your eyes in amazement, too? German companies plan to spend up to 17 billion euros on share buybacks, the Handelsblatt recently reported. A record figure. As if the Corona crisis had been over for a …

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Junker, Pöllath, Reitzle: Why the time is ripe

Too old? No, but too long at the helm. Which supervisory board heads should let go. Sometimes different reports have more in common than they seem at first glance. For example, the departure of Beiersdorf CEO Stefan De Loecker and the high loss of the automotive supplier Mahle, both announced this week. For those who read on after the respective core information came across an astonishing parallel: the role of …

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Wolfgang Reitzle

Wolfgang Reitzle: Pioneer of an excessive shareholder value culture?

At Linde, another wind is blowing after the merger with the US company Praxair. This is the clear message of a double interview with CEO Steve Angel and Chairman Wolfgang Reitzle in the Handelsblatt: From his point of view, “continuous improvements and shareholder value” are central, said Angel, who last collected 22 million dollars a year. Wolfgang Reitzle also spoke in detail about the shareholders and referred several times to …

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