(IN BRIEF) The Supervisory Board of Wacker Chemie AG has re-appointed Tobias Ohler as CFO for an additional five years, extending his contract beyond its initial expiration in December 2025. Ohler, a member of the Executive Board since 2013, was … Read the full press release
Posted in Chemicals, Germany, Industrial, Marketing
Tagged business administration, CFO, contract extension, controlling, Economics, Executive Board, industrial engineering, McKinsey, Peter-Alexander Wacker, professional background, Raw Materials Procurement, reappointment, Siltronic AG, Supervisory Board, Tobias Ohler, University of Oldenburg, Wacker Chemie AG
(IN BRIEF) ANDRITZ AG announces the nomination of Barbara Steger to its Supervisory Board, following Alexander Isola’s planned departure. The company also proposes the re-election of Wolfgang Bernhard to continue his valuable contributions. (PRESS RELEASE) GRAZ, 26-Feb-2025 — /EuropaWire/ — The … Read the full press release
Posted in Austria, Industrial, Management, Technology
Tagged 2025, Alexander Isola, Andritz, ANDRITZ AG, Annual General Meeting, Barbara Steger, commercial sciences, corporate governance, diversity, ENGEL Austria GmbH, Engel Group, ENGEL Holding GmbH, Governance, industrial sector, injection molding machines, leadership, legal committee, legal structure, Ludwig Engel GmbH & Co KG, Management, Oberbank AG, re-election, Schönherr Rechtsanwälte, strategic direction, Supervisory Board, Supervisory Board Members, sustainability, Wolfgang Bernhard, women in leadership
(IN BRIEF) SAP SE is recommending an increase in its dividend for fiscal year 2024, proposing €2.35 per share, a 6.8% increase over last year. The total dividend payout would amount to approximately €2.741 billion, reflecting a payout ratio of … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged ADR, Annual General Meeting, dividend, Exchange rate, Executive Board, financial performance, fiscal year 2024, non-IFRS profit, payout, profit distribution, SAP ADR holders, SAP news, SAP SE, shareholders, Supervisory Board
(IN BRIEF) At METRO AG’s virtual Annual General Meeting, CEO Dr. Steffen Greubel provided an update on the company’s progress following the implementation of the sCore strategy, noting continued growth despite market challenges. Shareholders approved the actions of the Management … Read the full press release
Posted in Business, Food & Beverage, Germany, Industrial, Management, News, Retail
Tagged Annual General Meeting, appointment, company strategy, corporate transformation, Dr. Steffen Greubel, earnings report, Eva-Lotta Sjöstedt, financial report, food service distribution, global wholesale, HoReCa, Jürgen Steinemann, leadership, Marek Spurný, Martin Plavec, METRO AG, METRO customer base, METRO growth, METRO MARKETS, multichannel approach, Roman Šilha, sCore strategy, Supervisory Board, sustainability
(IN BRIEF) SCHOTT Pharma’s AGM on February 4, 2025, revealed strong fiscal results for FY 2024, including exceeding revenue targets and a promotion to the MDAX. Shareholders approved all agenda items, including the appointment of Dr. Wolfram Carius to the … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Annual General Meeting, appointment, corporate growth, dividend payout, Dr. Wolfram Carius, GLP-1 drugs, green financing, homecare solutions, INNOVATION, KPMG, leadership, Management, MDAX, mRNA, pharma industry, profitability, revenue guidance, SCHOTT Pharma, shareholder approval, shareholder engagement, Supervisory Board
(IN BRIEF) Knorr-Bremse AG has announced that Marc Llistosella’s contract as CEO will be renewed for five additional years, extending his tenure until December 2030. This early renewal follows Llistosella’s successful leadership and the progress made under the BOOST 2026 … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology, Transportation & Logistics
Tagged appointment, BOOST 2026 strategy, braking systems, CEO, commercial vehicle systems, early contract renewal, Employee Representatives, global market leader, Knorr-Bremse AG, leadership, Marc Llistosella, operational strength, profitability, rail systems, Reinhard Ploss, strategic transformation, Supervisory Board, sustainable growth
(IN BRIEF) Deutsche Telekom has announced the extension of Tim Höttges’ CEO contract until the end of 2028, ensuring leadership continuity. Additionally, Srini Gopalan will become the new COO of T-Mobile US, and Rodrigo Diehl, CEO of Magenta Telekom, will … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology, Telecom
Tagged appointment, appointments, CEO, customer satisfaction, Deutsche Telekom AG, Deutsche Telekom German operations, entrepreneurial leadership, Frank Appel, global telecommunications, GROWTH, INNOVATION, leadership, Magenta Telekom, Management, Rodrigo Diehl, Srini Gopalan, Supervisory Board, T-Mobile US, Tim Höttges
(IN BRIEF) CompuGroup Medical’s governing bodies have endorsed CVC Capital Partners’ voluntary public tender offer, recommending that shareholders accept the proposed price of €22.00 per share. Following a thorough evaluation of the offer, including fairness opinions from Deutsche Bank and … Read the full press release
Posted in Business, Germany, Healthcare, Management
Tagged Administrative Board, AI technology, cloud-based software, CompuGroup Medical, CVC Capital Partners, Daniela Hommel, delisting offer, Deutsche Bank, fairness opinions, Frank Gotthardt, Gotthardt family, growth strategy, J.P. Morgan, Managing Directors, minimum acceptance threshold, Philipp von Ilberg, Prof. Dr. Daniel Gotthardt, regulatory conditions, share acceptance period, Supervisory Board, tender offer, voluntary public tender offer
(IN BRIEF) Wolters Kluwer has nominated Anjana Harve, currently the EVP and CIO at BJ’s Wholesale Club, for a position on its Supervisory Board, pending approval at an Extraordinary General Meeting (EGM) on October 28, 2024. Harve, a seasoned IT … Read the full press release
Posted in Business, Industrial, Management, Netherlands, News, Technology
Tagged Anjana Harve, Ann Ziegler, appointment, leadership, Supervisory Board, Wolters Kluwer
(IN BRIEF) Fresenius Management SE has extended Sara Hennicken’s term as Chief Financial Officer (CFO) until 2027, two years earlier than planned, to ensure continuity in advancing the #FutureFresenius strategy. Hennicken, who joined Fresenius in 2019, has been instrumental in … Read the full press release
Posted in Business, Financial, Germany, Healthcare, Industrial, Management, Pharma & Biotech, Technology
Tagged #FutureFresenius, CFO, Chief Financial Officer, Deutsche Bank, finance, Fresenius, Fresenius Helios, Fresenius Kabi, Fresenius Management SE, Fresenius Medical Care, Sara Hennicken, Supervisory Board, transparency, Wolfgang Kirsch
(IN BRIEF) Royal Philips, a prominent player in health technology, proposes the re-appointment of Chairman Feike Sijbesma and Peter Löscher to its Supervisory Board, along with the appointment of Benoît Ribadeau-Dumas as a new member. The nominations, to be voted … Read the full press release
(IN BRIEF) Jolanda Poots-Bijl has decided to resign from her position as a member of AkzoNobel’s Supervisory Board, effective from January 31, due to her recent appointment as the CFO of Ahold Delhaize, which would limit her availability for her … Read the full press release
Posted in Business, Chemicals, Industrial, Management, Netherlands, News
Tagged Ahold Delhaize, AkzoNobel, appointment, Ben Noteboom, CFO, Jolanda Poots-Bijl, leadership, Supervisory Board
(IN BRIEF) Allianz SE’s Supervisory Board plans to propose new appointments at the Annual General Meeting in May 2024. The proposals include Jörg Schneider succeeding Herbert Hainer and Stephanie Bruce replacing Christine Bosse as shareholder representatives on the board. Schneider, … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged AGM 2024, Allianz SE, appointments, Christine Bosse, Herbert Hainer, Jörg Schneider, leadership, Michael Diekmann, Stephanie Bruce, Supervisory Board
(IN BRIEF) BASF SE’s Supervisory Board has nominated Tamara Weinert (58), currently President and CEO of Business Area Americas at Outokumpu in the United States, as a shareholder representative on the Supervisory Board. The election is scheduled for the Annual … Read the full press release
Posted in Business, Chemicals, Germany, Management
Tagged appointment, BASF SE, Dame Alison Carnwath, Dr. Kurt Bock, leadership, Outokumpu, Supervisory Board, Tamara Weinert
(IN BRIEF) BASF SE, a global chemicals and materials company, has unveiled a succession plan for its Board of Executive Directors. Dr. Markus Kamieth will become Chairman of the Board, succeeding Dr. Martin Brudermüller, effective April 25, 2024. Anup Kothari … Read the full press release
(IN BRIEF) During a recent Supervisory Board meeting, Mercedes-Benz Group AG announced the extension of management contracts for two key executives. Sabine Kohleisen, the Board Member for Human Resources & Labour Director, had her contract extended until November 30, 2025, … Read the full press release
(IN BRIEF) Allianz SE has made notable adjustments to its Board of Management, extending Oliver Bäte’s tenure as Chairman of the Board and CEO until 2028, renewing Andreas Wimmer’s role overseeing Life and Asset Management for five years, and appointing … Read the full press release
(IN BRIEF) TenneT, a leading European electricity transmission system operator, has welcomed Maarten Camps and Kuldip Singh as new members to its Supervisory Board, effective from September 1, 2023. Camps, Chair of the Executive Board of Dutch social security agency … Read the full press release
(IN BRIEF) Martijn Snoep, the Chair of the Board of the Authority for Consumers and Markets (ACM) and former lawyer at De Brauw Blackstone Westbroek, has been appointed to the Supervisory Board of the Van Gogh Museum. The museum is … Read the full press release
(IN BRIEF) MAHLE GmbH has undergone a rotation of its 20-member Supervisory Board, with newly elected representatives joining the board. Professor Dr.-Ing. Achim Kampker, founder and chair of Production Engineering of E-Mobility Components (PEM) at RWTH Aachen University, was elected … Read the full press release
Posted in Automotive, Business, Germany, Industrial, Management
Tagged Annette Szegfü, appointment, Boris Schwürz, Claudia Diem, David Schmidt, Dietmar Bichler, Dr. Bernhard Volkmann, Dr. Michael Macht, Dr. Rolf Breidenbach, Dr.-Ing. Heinz K. Junker, Georg Weiberg, Klaus Güntert, Liane Papaioannou, Ljiljana Culjak, MAHLE GmbH, Nektaria Christidou, Prof. Dr. jur. Wolfgang Fritzemeyer, Prof. Dr.-Ing. Achim Kampker, Prof. Dr.-Ing. Heinz K. Junker, Prof. Dr.-Ing. Jörg Zürn, Professor Dr.-Ing. Achim Kampker, Rolf Berkemann, RWTH Aachen University, shareholders, Supervisory Board, Thomas Raupach, Udo Abelmann
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