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VIPsight

Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
  • selected and structured by the Club of Florence,
  • financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.
     

VIPsight International


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Margret Suckale is coming on to the BASF board. With effect from the end of the AGM on 6 May 2011 the former railway manageress becomes labour director and head of sector II, and Michael Heinz becomes head of sector IV, both new on the board. The new Chief Financial Officer is to be Hans-Ulrich Engel, who will take on sector III, with a location in the US. The post is becoming free when Kurt Bock succeeds Jürgen Hambrecht at the head of the chemicals firm. Hambrecht and John Feldmann are to retire at the end of the 2011 AGM. Harald Schwager succeeds Engel at the head of Sector V (Oil & Gas, Europe, Construction Chemicals, Global Procurement & Logistics). Martin Brudermüller becomes deputy CEO.

 

 

On 1 March 2011 Roland Koch becomes CEO at Bilfinger Berger. This was decided by the supervisory board, it was stated by Germany’s second-biggest construction firm in Mannheim. As from 1 July 2011 he is to succeed Herbert Bodner as CEO. Bodner will then be retiring after twelve years as CEO.

 

The Schaeffler group is surprisingly withdrawing Hans Rolf Koerfer from the Continental supervisory board. The lawyer will “make his position available”, stated a communiqué from the group of companies, which since 2008 has been the major shareholder in the automotive supplier and tire maker. Talks are to be held with supervisory board chair Wolfgang Reitzle on timing and succession.

 

Jens Tischendorf has joined the supervisory board of Demag Cranes with immediate effect. The Germany head of new major shareholder Cevian Capital is taking the seat from Martin Posth, who resigned after four years. The former VW executive reached the age of 65 in 2009, but is to remain linked with the Düsseldorf crane builder as a consultant.

 

Thomas Wellauer resigned his supervisory board post at Münchener Rückversicherungs-Gesellschaft as of 30 September. According to indications, the 55-year-old entrepreneur became Chief Operations Officer and management member of Swiss Re on 1 October. Because of this conflict of interests he had to leave Munich Re. The succession to him will be decided by April 2011 at latest.

 

Dan Marks has left ProSiebenSat.1 Media “for personal reasons”, since he wishes to join his family in London. The former Hollywood director became a board member at the group only on 1 May. He had taken over the Online/Pay-TV spot from Marcus Englert. Until succession arrangements are made, Thomas Ebeling is to head the sector provisionally.

 

Jochen Zeitz will leave operative management at PUMA in the coming year. The long-term PUMA CEO will become chair of the administrative board in April 2011 after its conversion from a German limited company to a Societas Europaea.

 

At Diesel engine and plant builder Tognum in Friedrichshafen, Rainer Breidenbach (55), head of the engines sector, is resigning at the year’s end at his own request. His successor will be Peter Kneipp (52), who has since 2004 headed the fastest-growing Tognum subsidiary MTU Asia as president and CEO.