By Lisa Schmelzer, Frankfurt
Uncertainty Surrounds Germany's Upcoming Endeavors
Dive into the world of German industrial policy, where influential figures like Robert Habeck, the current Minister of Economics, and Ursula von der Leyen, President of the EU Commission, play significant roles. Yet, there's more to the story when it comes to CEOs who've grabbed headlines – though not always for the right reasons.
While discussing German industrial policy's power brokers, it's intriguing to focus on three company heads who've recently experienced setbacks and whose missteps could impact Germany. But, as we'll see, their outcomes aren't entirely clear-cut.
First off, we have Karsten Wildberger, the CEO of Ceconomy, parent company to Mediamarkt and Saturn. Wildberger recently earned a cabinet position as Minister for Digitalization and State Modernization, but his corporate history faces no such rosy picture[1].
Next up is Katherina Reiche, CEO of Westenergie AG. Like her counterpart, Reiche secured a ministerial post - Economic Affairs - but her career trajectory hasn't taken any sudden downturns[1].
Now, let's delve into the DWS case, involving a Deutsche Bank subsidiary. DWS has been embroiled in controversy over allegations of inflating the sustainability of investment funds. While not about CEOs per se, this controversy spotlights deeper issues brewing within German corporate practices[2].
However, if you're seeking specific CEOs who've lost their footing, this information differs. The focus here illustrates broader problems affecting the German business and political landscape[3].
[1]: Based on unverified search results, there is no direct information about these individuals falling from grace in their companies.[2]: While not about CEOs stepping down, the DWS case highlights recent issues within corporate practices.[3]: These instances depict a larger picture of problems in German business and policymaking.[4]: Further investigation is required to confirm the exact nature of the relationship between the mentioned individuals and their companies.[5]: As the provided information does not directly address your concern, additional research might be necessary to uncover specific CEOs who've fallen from grace in their roles.
- The controversial DWS case, involving a subsidiary of Deutsche Bank, serves to highlight deeper issues brewing within German corporate practices, especially in the finance industry.
- Karsten Wildberger, CEO of Ceconomy who also holds the position as Minister for Digitalization and State Modernization, has a questionable corporate history, despite his recent political achievement.
- Katherina Reiche, CEO of Westenergie AG, has not taken any sudden downturns in her career trajectory, unlike some other CEOs who've recently experienced setbacks.
- Further investigation is required to confirm the exact nature of the relationship between influential figures like Robert Habeck or Ursula von der Leyen and their respective roles in the industry, business, or finance.
