Before crucial meeting: on the right track for the new Commerzbank Supervisory Board head

The "big Bang" at the Commerzbank remains on the Supervisory Board expected. On Monday morning Hans-Jörg Vetter has been presented to the employee representatives in the Supervisory Board and Supervisory Board members according to information from the F. A. Z. a sensible impression is made. Vetter, the former Chairman of the Executive Board of Landesbank Berlin and Landesbank Baden-Württemberg, is the proposal of the Federal government for the succession of the Commerzbank Supervisory Board Chairman Stefan Schmittmann, wants to put to a feud with the second-largest shareholder, Cerberus today, Monday, down his Supervisory Board mandate.

Hanno Mußler

editor in the economy.

F. A. Z.

The crucial meeting will begin at 16 o'clock. After the round of introductions with cousin in the morning was, however, that the employee representatives on the Supervisory Board with a choice of cousin be to the Chairman of the Supervisory Board support. This choice can, however, take place only then, if cousin court is appointed by the Supervisory Board. Until then, Uwe Tschäge, previously Deputy Supervisory Board could take over as Chairman and Chairman of the Group works Council of Commerzbank, chairs the Supervisory Board.

the workers are not affected by the criticism of Cerberus, the second largest shareholder of Commerzbank, to cousin. Cerberus had offered in a letter dated yesterday, Sunday, the two candidates for councils to introduce it considers appropriate as a cousin. (Who is Hans-Jörg Vetter? Click here to read a portrait.)

Updated Date: 03 August 2020, 11:20