The Supervisory Board’s proposal for the long-time Chairman of the Supervisory Board of NORMA Group AG, Dr Stefan Wolf, to be re-elected to the Supervisory Board for a further term of office failed to get the required majority of votes at today’s Annual General Meeting of NORMA Group SE. The voting result was 49.59% to 50.41%. Stefan Wolf is the CEO of ElringKlinger. It is unknown whether this blow is the consequence of ElringKlinger’s poor performance of recent years or the
17 May 2018
Corporate governance problem for the CEO
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Corporate governance problem for the CEO
ElringKlinger AG (ZIL2:WBO) | 0 0 (-0.7%) | Mkt Cap: 1,074m
- Published:
17 May 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
The Supervisory Board’s proposal for the long-time Chairman of the Supervisory Board of NORMA Group AG, Dr Stefan Wolf, to be re-elected to the Supervisory Board for a further term of office failed to get the required majority of votes at today’s Annual General Meeting of NORMA Group SE. The voting result was 49.59% to 50.41%. Stefan Wolf is the CEO of ElringKlinger. It is unknown whether this blow is the consequence of ElringKlinger’s poor performance of recent years or the