Wirecard Supervisory Board Chairman Wulf Matthias: What’s missing now

Wulf Matthias

We have been monitoring the Wirecard Supervisory Board headed by Chairman Wulf Matthias for quite some time and called for reforms more than a year ago – also as a confidence-building measure to thwart speculators. Following the recent turbulence, investors have also criticised the Supervisory Board: Ingo Speich (Deka) sees shortcomings in terms of diversity; Vanda Heinen (Union Investment) urges a renowned balance sheet expert and Christian Strenger more tech and compliance expertise.

Lauterbach, M’Cwabeni, Quintana-Plaza: Women’s quota 50 percent

We also consider further reforms to be necessary – and are cautiously optimistic that Supervisory Board Chairman Wulf Matthias will use his presumably last year to present convincing new acquisitions. Cause the 75-year-old proved he had what it takes: With AI expert Anastassia Lauterbach and venture capital specialist Susana Quintana-Plaza, Matthias appointed two renowned controllers to the six-member Wirecard Supervisory Board in 2018. Since he already hired SAP manager Vuyiswa M’Cwabeni in 2016, the proportion of women is now 50 percent. We are therefore sticking to our assessment that the Wirecard Supervisory Board is “Dax ready”. But that’s not good enough.