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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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With Thomas Eichelmann as the new Supervisory Board chairman, ACS has perfected its targeted leadership change at HOCHTIEF ​​. He succeeds Manfred Wennemer in early May 2013. Moreover, Marcelino Fernandez Verdes, sent from the Spanish construction group, has since 20 November been the new CEO of the Essen construction group. Frank Stieler has resigned from the board with immediate effect.


Ulrich Gehrmann is to leave Kontron at the year’s end, with Rolf Schwirz replacing him. Most recently CEO of Fujitsu Technology Solutions, he moves as from 1 December to the board of the embedded-computer specialists, and is to replace the longtime CEO on 1 January 2013. The company called the reasons for the manager’s withdrawal from the Board personal.


Nordex has appointed Annette Stieve to the Supervisory Board of the wind-turbine manufacturer. The financial expert has since 2005 been Germany/Netherlands CFO of the Faurecia Group, a leading international supplier of components for the automotive industry. Previously, according to Nordex, she worked for the accounting firm Arthur Andersen. Stieve replaces Carsten Risvig Pedersen, who resigned his seat in August.


The Supervisory Board of Pfeiffer Vacuum Technology, at its meeting on 5 November, appointed Nathalie Benedict as an additional member as from 1 January 2013, responsible for Finance. The 36-year-old has been 13 years with the TecDAX-listed vacuum-pump manufacturer and is currently responsible for Finance and Controlling. With her ​​appointment the two-member board will be expanded.


The Supervisory Board of Rhön-Klinikum has decided that Martin Siebert will lead the hospital operator as CEO from the beginning of 2013. The 51-year-old replaces Wolfgang Pföhler, who will officially leave Rhön-Klinikum at the year’s end. Siebert is to undertake a new initiative to build a comprehensive private hospital chain in Germany.


Salzgitter has officially confirmed that Johannes Nonn has left the second-largest steel producer “at his own request” as from 1 February 2013. He will then take on the Group Management of Schmolz + Bickenbach in Switzerland, announced Salzgitter on 16 November. At the end of October there had already been reports of his departure. Supposedly Nonn did not go along with the leadership style of CEO Fuhrmann.


Barbara Kux will fulfill her contract, but leave Siemens in autumn next year at her own request after just one term. This was announced by the conglomerate after a Supervisory Board meeting. The head of the purchasing group sees her mission as accomplished. The Munich firm thus loses the first woman who has ever made the board of a DAX Group.  There was also criticism of Kux internally.  It leaked out a month ago that Sabancy boss Ms Güler Sabanci, GDF Suez CEO Gérard Mestrallet and former Bayer chief executive Werner Wenning would be newly elected to the shareholder side of the Supervisory Board.  Former MAN CEO Håkan Samuelsson, Saint-Gobain Board chief Jean-Louis Beffa and British entrepreneur and politician Lord Iain Vallance of Tummel would no longer stand. If Wenning were elected to the Supervisory Board of the electricals company in January 2013, it would again expand the number of his DAX Supervisory Board memberships. In the sometimes considerable challenges for E.ON, Bayer and Siemens too in their own respective markets, the question arises whether one more DAX supervisory-board post would really enhance the quality of Wenning’s work.


Oliver Burkhard is appointed to the ThyssenKrupp Board as of 1 February 2013. From 1 April, the designated personnel chief and Labour Director is to take over the duties of Ralph Labonte and then succeed him, the Essen steel and industrial group announced on 21 November after a meeting of the Supervisory Board. Labonte is to leave for health reasons on 31 March 2013.