• BIST 96.331
  • Altın 242,211
  • Dolar 6,2370
  • Euro 7,3377
  • İstanbul 26 °C
  • Ankara 27 °C

TUI supervisory board chief to stay

TUI supervisory board chief to stay
TUI's supervisory board chief, Jorgen Krumnow, will remain at the company despite efforts by TUI's biggest shareholder to oust him at an annual meeting.

TUI Supervisory Board Chief to Stay

TUI's supervisory board chief, Jorgen Krumnow, will remain at the company despite efforts by TUI's biggest shareholder to oust him at an annual meeting.

John Fredriksen, a Norwegian shipping tycoon who owns 11.7 percent of TUI, won 42.76 percent support to oust Krumnow, but needed a majority. With Krumnow staying put, CEO Michael Frenzel's job is also safe for now.

Steel billionaire Alexei Mordashov, who has 10 percent of TUI to Fredriksen's 11.75 percent, has been backing Frenzel and plans tourism ventures with TUI.

Fredriksen wants to join the supervisory board only if Krumnow leaves. The board does not support his removal.

An unidentified board member told the Financial Times Deutschland that Krumnow would have to find an "elegant" way to step down after surviving the revolt.

www.TurkishMaritime.Com.tr

This news is a total 430 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • MOL Launches Sunflower Kirishima20 September 2018 Thursday 10:30
  • GE Shipping Adds VLGC Jag Vasant to its Fleet20 September 2018 Thursday 10:00
  • Gulf Marine Services Bags MENA Contract20 September 2018 Thursday 09:30
  • Georgia Ports Authority Approves $92 Million Rail Expansion20 September 2018 Thursday 09:00
  • Ferry Burns and Sinks off Sulawesi19 September 2018 Wednesday 13:3
  • SENER-design LNG unit for Panfido19 September 2018 Wednesday 13:0
  • BSM Launches a Offshore Division19 September 2018 Wednesday 12:3
  • UK Aircraft Carrier Dodges Hurricane Florence19 September 2018 Wednesday 12:0
  • Boat Built with Recycled Plastic to Highlight Pollution19 September 2018 Wednesday 11:3
  • The USD1trln African Maritime Industry Mulls Further Growth19 September 2018 Wednesday 11:0
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |