Category: News

The head of the beiersdorf nivea group, stefan F. Heidenreich, will leave the company at the end of next year at the latest.

He had reached an amicable agreement with the supervisory board not to extend his contract, which had run until then, the company announced in hamburg. If the supervisory board appoints a successor, he will step down from office at an earlier date. The news was not well received on the stock market. The dax group’s shares lost 4.9 percent by the afternoon.

In a letter he has therefore asked the governor of the island, raffaele lombardo, to accept his resignation, already publicly announced, on 31 december. July now to confirm. As the milanese "corriere della sera" reported on wednesday, a financial collapse of the southern region could damage monti’s savings and reform plans. The island had to be governed provisionally.

A powerful policy against the crisis in sicily also depends on "the situation of the government at the regional level," monti made clear the need for change. From the romanian point of view, the regional authorities are not the least responsible for the impending bankruptcy in sicily.