Stock Market News

CEO of Germany’s Cewe ‘massively obstructed’ diversity -board

2022.04.01 21:56

CEO of Germany's Cewe 'massively obstructed' diversity -board

FRANKFURT (Reuters) – Christian Friege, chief executive of German photo service provider Cewe, obstructed diversity and the appointment of a woman as a board member, the company’s board of trustees said on Friday.

The announcement came in an unusual and harshly worded statement that sought to clarify a decision announced in March not to reappoint Friege for unspecified differing opinions over corporate management.

“Christian Friege’s failure to recognize and implement the socially and internally important issue of women on the Board of Management and in other management functions is, in the opinion of Chairman Rolf Hollander, an inexcusable omission,” Friday’s statement said.

Friege did not promote diversity or the process of naming a woman to the board, “but on the contrary massively obstructed it”, the statement said.

Friege did not respond to an email and a LinkedIn message seeking comment.

A spokesperson for CEWE said the management board that Friege chairs does not make management board appointments, and that four women had been promoted to executive leadership positions in the past few years.

In Friday’s statement, the board of trustees described Friege’s work at the German small-cap company as “acceptable to good” overall, but two-thirds of the members of the board of trustees were “firmly convinced” Friege didn’t enjoy the trust for a reappointment.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 83,414.35 0.18%
ethereum
Ethereum (ETH) $ 1,911.45 0.18%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.30 1.60%
bnb
BNB (BNB) $ 628.31 2.06%
solana
Solana (SOL) $ 125.51 2.26%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.709853 0.45%
dogecoin
Dogecoin (DOGE) $ 0.16857 2.00%
tron
TRON (TRX) $ 0.221863 4.33%
staked-ether
Lido Staked Ether (STETH) $ 1,908.67 0.19%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,199.29 0.02%
leo-token
LEO Token (LEO) $ 9.80 0.09%
chainlink
Chainlink (LINK) $ 13.90 1.42%
pi-network
Pi Network (PI) $ 1.29 8.32%
the-open-network
Toncoin (TON) $ 3.43 2.74%
usds
USDS (USDS) $ 0.999997 0.00%
stellar
Stellar (XLM) $ 0.268642 0.76%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,283.77 0.04%
hedera-hashgraph
Hedera (HBAR) $ 0.189096 0.78%
avalanche-2
Avalanche (AVAX) $ 18.62 0.17%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 5.13%
sui
Sui (SUI) $ 2.36 3.25%
mantra-dao
MANTRA (OM) $ 6.96 2.08%
litecoin
Litecoin (LTC) $ 90.49 3.48%
bitcoin-cash
Bitcoin Cash (BCH) $ 334.22 1.22%
polkadot
Polkadot (DOT) $ 4.30 3.10%
ethena-usde
Ethena USDe (USDE) $ 0.999866 0.07%
bitget-token
Bitget Token (BGB) $ 4.44 0.43%
weth
WETH (WETH) $ 1,910.08 0.15%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999014 0.18%
hyperliquid
Hyperliquid (HYPE) $ 13.01 2.07%
whitebit
WhiteBIT Coin (WBT) $ 28.42 0.25%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,028.18 0.15%
monero
Monero (XMR) $ 210.15 0.70%
uniswap
Uniswap (UNI) $ 6.22 0.29%
susds
sUSDS (SUSDS) $ 1.04 0.07%
dai
Dai (DAI) $ 0.99968 0.02%
aptos
Aptos (APT) $ 5.28 1.25%
okb
OKB (OKB) $ 52.12 8.70%
near
NEAR Protocol (NEAR) $ 2.60 1.37%
pepe
Pepe (PEPE) $ 0.000007 8.28%
internet-computer
Internet Computer (ICP) $ 5.84 2.04%
mantle
Mantle (MNT) $ 0.823097 0.50%
gatechain-token
Gate (GT) $ 21.98 2.36%
ethereum-classic
Ethereum Classic (ETC) $ 17.63 0.94%
ondo-finance
Ondo (ONDO) $ 0.842009 0.68%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.96 10.13%
aave
Aave (AAVE) $ 172.52 2.31%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,405.35 0.18%