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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.

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

Article Index




Marija Korsch has moved with immediate effect to the Supervisory Board of Aareal Bank, as the Wiesbaden district court met a request by the Board of the Wiesbaden real-estate financier. The experienced banking expert was until 2008 a partner at the Metzler seel. Sohn & Co. Holding bank, where she was responsible for Corporate Finance Business. She replaces Wolf R. Thiel.


At Celesio, with Wolfgang Mähr the last executive from the era of Fritz Oesterles goes. The manager, responsible for wholesale business, will leave the Stuttgart firm at his own request on 30 September, when his contract runs out, the pharmaceutical wholesaler reported on 29 June. A few weeks ago there were reports of a management dispute, in which Mähr had drawn the consequences.


With effect from 1 July Michael Brecht has been newly appointed employee representative to the Daimler Supervisory Board. The Stuttgart district court here followed a request by the company. He succeeds Stefan Schwaab, who retired on 30 June.


Mannheim District Court has at the request of HeidelbergCement expanded the company‘s Supervisory Board and appointed Professor Marion Weissenberg-Eibl a member, as shareholder representative. The Merkel advisor is the successor to the retired Herbert Lütkestratkötter, it was reported on 4 July. He had resigned his post on 14 March for personal reasons.


Christine Wolff has been proposed to Essen District Court as new Supervisory Board member at HOCHTIEF. The 51-year-old was most recently Senior Vice-President, Managing Director Europe and Middle East (EMEA) for the URS Corporation. Eggert Voscherau had resigned his Supervisory Board post at the construction company for personal reasons on 30 June. He had been a member of the supervisory body since 2011.


Uwe Lüders resigned his post at Nordex on 2 July with immediate effect. As a reason for his withdrawal, he cited the extra burden of rehabilitating the Manroland web-offset printing-press maker recently acquired from L. Possehl & Co. mbH. Lüders is CEO of the Lübeck conglomerate. Wolfgang Ziebart will be the new chairman of the Supervisory Board. He has been a member of it since 2009.


At PUMA Klaus Bauer wants “for reasons of personal life-planning” to go by the end of the year. His successor for Operative Business will be Michael Lämmermann, who currently heads the Finance Division. Antonio Bertone will also leave the sporting-goods manufacturer at the end of the year. For the sales executive no successor has yet been determined.


A year after the departure of Angelika Dammann, SAP has newly filled the vacant personnel spot on the Management Board. Luisa Deplazes Delgado, currently CEO and chairman at Procter & Gamble Nordic, comes to Walldorf in September, to assume the office of Labour Director and to be Human Resources Executive. Previously, the 45-year-old headed the HR department in the company for seven years as Vice-President.


Michael Frenzel is stepping down from his CEO post at TUI on 13 February 2013 after 19 years. His contract was renewed as late as mid last year for two years until March 2014. He is succeeded by Friedrich Joussen. The current Vodafone Germany CEO joins the Board of the travel company on 15 October, and will then become the new CEO on 13 February 2013.