Wolfgang Reitzle, Chairman of the Supervisory Board, is again pressing Linde into a merger of equals with Praxair. As a result, CEO Wolfgang Büchele has stepped down with immediate effect and Aldo Belloni, a Linde Management Board member from 2000 to 2014, has been brought out of retirement. Belloni and Reitzle were both Linde top managers through to 2014, i.e. they can be regarded as buddies.
The above management changes are the result of Reitzle having re-opened the merger negotiations with P ....
08 Dec 2016
Chaos at the helm intensifies with the second intended Praxair merger
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Chaos at the helm intensifies with the second intended Praxair merger
Wolfgang Reitzle, Chairman of the Supervisory Board, is again pressing Linde into a merger of equals with Praxair. As a result, CEO Wolfgang Büchele has stepped down with immediate effect and Aldo Belloni, a Linde Management Board member from 2000 to 2014, has been brought out of retirement. Belloni and Reitzle were both Linde top managers through to 2014, i.e. they can be regarded as buddies.
The above management changes are the result of Reitzle having re-opened the merger negotiations with P ....