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Governance News from Manifest - ISSN 1745 - 1132

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May 07

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People

Siemens scandal claims chairman and CEO

Heinrich von Pierer is to stand down as supervisory board chairman of Siemens, the scandal-hit engineering group, on 25 April. This preceded Klaus Kleinfeld’s announcement that he will not be extending his contract as chief executive in September. More >>

Russian lawsuit forces Clarkson resignation

Martin Watson has resigned as a non-executive director of Clarkson over possible conflicts of interest arising from legal action against the shipbroker. More >>

Briefs .....

Sir Julian Horn-Smith has resigned as non-executive chairman of Sage, the software company. Horn-Smith said: “After careful consideration the board agreed that the differences in style and culture meant the change was necessary. I felt that the best solution was for me to stand down as chairman”.

 

Plus changes at: BBA Aviation, Aviva and Cattles. More >> 

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