Afraid effect at Landesbank Hypo Tyrol: Alexander Weiß and the board members of Susanne Endl withdraw from the board. “For your own request”, as said. Reason: there were different opinions between the supervisory council and the two board members on the strategy implementation of the bank.
It has been rumors for a long time, it has been resolved since Monday morning: Alexander Weiß and Susanne Endl, Two of the three hypo board members distribute the company. This was announced by Wilfried Stauder, Hypo Tirol Bank, Supervising Council.
“Surprising”
“The departure of the two board members White and Endl comes as a surprise over time, but is understandable according to the various opinions about strategy implementation,” said Stauder. The step set now creates ‘clarity in the further orientation of the bank’.
Weiß and Endl for their departure from the board of directors: “We have carefully considered this step. Only if the board of directors and board of directors agree on the implementation of the strategy can lead to success. Our decision was the logical consequence. The excellent stock ratio and the top rating of the bank form the basis for future requirements.”
Governor takes note of
Representative of the ownership Governor Anton Mattle (ÖVP) notes on Monday: “I have a lot of confidence in the supervisory council and the Hypo Tyrol workers that the successful course will take place. A modern and customer -friendly offer for the Tyroleans is the central task in the direction of our Landerbank.”
Contracts run until the end of September
The mandates of the outgoing board members would still be implemented on September 30. The board of directors has started the necessary steps to engage the mandates of the board. The third board, Andreas Stadler, remains in function and continues its duties.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
