Commerzbank: Hans-Jörg Vetter is the favourite for the Chairman of the Supervisory Board

The signs are condensed, that Hans-Jörg Vetter, the new Supervisory Board Chairman of Commerzbank. According to information from the F. A., for example, tends t

Commerzbank: Hans-Jörg Vetter is the favourite for the Chairman of the Supervisory Board

The signs are condensed, that Hans-Jörg Vetter, the new Supervisory Board Chairman of Commerzbank. According to information from the F. A., for example, tends to the nomination Committee of the Supervisory Board, under the leadership of the member of the Supervisory Board of the Federal government, Jutta dönges, to the this month, a 68-year-old pregnant former Chairman of the management Board of Landesbank Baden-Württemberg and Landesbank Berlin to propose on Monday the Supervisory Board.

Hanno Mußler

editor in the economy.

F. A. Z.

The Federal government is the largest shareholder of Commerzbank and has a large interest in ensuring that the leadership vacuum is terminated at Commerzbank. It was created exactly four weeks, at the same time as the Chairman of the Board Martin Zielke and the Chairman of the Supervisory Board Stefan schmittmann presented their Items.Advance a feud with the second largest major shareholder, Cerberus, the accused in two letters, and previously allegedly dozens of Meetings demCommerzbank Board missed both the Goals of a wrong strategy was gone.

Also cousin will have a hard time to get the support of Cerberus. Like the F. A. Z. learned, there has been no contact between Cerberus and cousin– what annoys a financial investor. Also Vetter phone does not accept calls from friends and companions. This can also be a sign that cousin does not want to compromise after four years of rest for him an emerging task due to unwise Statements before the Election.

COMMERZBANK -- -- (--) Xetra tradegate London SE Int. Level 1Lang & Schwarz, Stuttgart, Switzerland OTCFrankfurtSchweizWien 1T 1W 3M 1J 3J 5J For detail view

However, sagteVettervor about six weeks a companion, also, the Chairman of the Supervisory Board of Commerzbank same akind of assumption of command.Actually Vetter for the forthcoming restructuring of the Commerzbank, also needs the support of the workers. He should be member of the Supervisory Board appointed, requires the Chairman of the Board in the control panel a Two-thirds majority.

Updated Date: 31 July 2020, 06:20

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