Wednesday, September 16, 2015

Financing firm Hermes backs election of most BMW CEO to supervisory board

LONDON May 12 UK advance firm Hermes iPhone 6 leather case Investment

Hermes iPhone 6 Case Orange

Management considered on Tuesday it supported finally, the election of BMW's

chief executive, Norbert Reithofer, to the supervisory

The proposition to elect Reithofer to the get on at BMW's annual

general occupation interview on Wednesday has drawn critique from some

quarters for the decrease in a cooling off period between a taking

However , Hermes iPhone 6 case EOS, what type represents a range of

institutional investors, considered it backed the move nearly as Reithofer

had led a highly professional period for the company and had

"In addition to his excellent management background, he

understands the key challenges presented with the company.

Significantly, we believe that he maintains an personality and

mind-set that would acquire him an effective supervisory board

Hermes also reiterated its belief that may such a cooling-off

period hurts German language companies as it means highly quality

knowledge and experience can be "lost" for at least a number of

"We have consistently argued an assessment whether an

immediate will to the supervisory board is in the will be

of the company should be made with a case-by-case basis, " Hermes

"The assessment should take into account the company's

and the, the composition of the supervisory get on and, of

course, the CEO's track record as an executive and his and her

(Reporting by Simon Jessop; Editing by Nishant Kumar)

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