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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.

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VIPsight International

Article Index




Board and Supervisory Board changes in DAX30, MDAX and TECDAX30

After a year and a half’s work chairing the board of Carl Zeiss Meditec, Michael Kaschke is going back to the Supervisory Board of the Carl-Zeiss subsidiary. After the AGM on 4 March he is to be replaced at the top by board member Ludwin Monz, stated the medical technology firm on 18 January. Kaschke, head of Controlling, took the top spot in July 2008 and prescribed a programme of savings for the firm.

Wulf Bernotat and Ulrich Middelmann joined the Supervisory Board of Deutsche Telekom at the turn of the year, stated Telekom on 5 January in Bonn. This was decided at the last meeting of the Telekom Supervisory Board in mid-December. E.ON CEO Bernotat and ThyssenKrupp board member Middelmann are replacing Linde CEO Wolfgang Reitzle and the Post Supervisory Board chair Wulf von Schimmelmann, who resigned their posts on the Supervisory Board at the end of 2009.

Eduard Schleicher and Gerhard Hirth resigned their posts at HeidelbergCement at the end of 2009 in the light of the changed shareholder structure. Mannheim regional court, on application by the construction group, renewed the Supervisory Board and appointed Herbert Lütkestratkötter and Alan Murray as shareholder representatives on it. The appointment is time limited until re-election by the next AGM on 6 May. Their departure marks the end of the period when the company’s destiny was determined by the Merckle and Schwenk/Schleicher families. Schleicher is a personally liable partner in the Schwenk group of companies, and Hirth is general manager. The cement dynasty from Ulm had sold their holdings in HeidelbergCement off the exchange.

The HUGO BOSS supervisory board appointed Mark Langer as board member and CFO with effect from 15 January. The 41-year-old manager of the fashion producer succeeds Norbert Unterharnscheidt, who according to the firm’s indications left on 15 January “for personal reasons, in the best of agreement with the Supervisory Board”. He had come to Metzingen only in December 2008.

Andreas Barth, since 2007 a board member of IVG Immobilien, left the board at the end of the year, but will still be available to the Bonn firm for a further year on a consultancy basis. According to the firm’s statement, both sides came to agreement on this. The background to the departure is the withdrawal of IVG from the business area of project development, of which Barth was in charge.