Joachim Milberg

Reithofer's board role at BMW backed by fund firm

May 12, 2015 12:36 CET

UK fund firm Hermes Investment Management said it supported the election of BMW CEO Norbert Reithofer to the automaker's supervisory board. The proposal has drawn criticism for the lack of a cooling off period after Harald Krueger, the automaker's production chief, succeeds Reithofer as CEO....
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