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Deutsche Bank Supervisory Board Chairman Alexander Wynaendts is set to join the ranks of million-euro earners.
Alexander Wynaendts' annual compensation will rise to up to 1.4 million euros.
KEY POINTS
- Wynaendts will now receive separate fees for chairing supervisory board committees, totaling 250,000 euros.
- Deutsche Bank's supervisory board pay hikes are justified by difficulties attracting qualified international candidates.
- Carsten Knobel, Henkel CEO, is nominated to replace Frank Witter on Deutsche Bank's Supervisory Board.
COMPANIES
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