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Deutsche Bank proposes new members for supervisory board ahead of shareholder meeting
Deutsche Bank has proposed Kirsty Roth, chief operations and technology officer at Thomson Reuters, and Klaus Moosmayer, chief ethics, risk & compliance officer at Novartis, to join its supervisory board at the annual shareholder meeting on May 22. They will replace Theodor Weimer and Dagmar Valcarcel, whose terms are expiring. Additionally, CEO Christian Sewing's contract has been extended amid a management revamp that will see the departure of the finance chief and another top executive.
Deutsche Bank proposes Kirsty Roth and Klaus Moosmayer for supervisory board
Deutsche Bank has proposed Kirsty Roth and Klaus Moosmayer for its supervisory board, with a vote scheduled for the annual shareholder meeting on May 22. They will replace Theodor Weimer and Dagmar Valcarcel, whose terms are expiring. Additionally, CEO Christian Sewing's contract has been extended amid a management overhaul, which will see the departure of the finance chief and another executive.
deutsche bank proposes new supervisory board members ahead of annual meeting
Deutsche Bank has proposed Kirsty Roth and Klaus Moosmayer for its supervisory board, with a vote scheduled for the annual shareholder meeting on May 22. Roth is currently the chief operations and technology officer at Thomson Reuters, while Moosmayer has served as chief ethics, risk & compliance officer at Novartis. Their appointments will fill vacancies left by Theodor Weimer and Dagmar Valcarcel, whose terms are expiring.
deutsche bank extends ceo sewing's contract amid management shakeup and strategy shift
Deutsche Bank has extended CEO Christian Sewing's contract for a third term until April 2029, while CFO James von Moltke and board member Stefan Simon will depart. The bank is rethinking its strategy amid a crucial year for its turnaround, with potential business closures on the table. Despite recent challenges, including a legal issue that impacted profits, Sewing remains optimistic about leveraging opportunities for growth.
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