Frankfurt Only a few hours following the raid due to “greenwashing” allegations and following a long supervisory board meeting, the Deutsche Bank fund subsidiary is separating DWS by her company boss Asoka Wöhrmann.
At the end of the day of this year’s Annual General Meeting, Stefan Hoops will become the new CEO. DWS announced this in a mandatory notification on Wednesday night. The price of the DWS share fell by more than seven percent in the morning to a good 30 euros. The share was thus listed below its initial listing in March 2018.
Hoops was appointed member and chairman of the management board by the shareholders’ meeting effective June 9, 2022. He is thus retiring from his role as head of the corporate bank German bank out. Wöhrmann resigned his mandate with effect from the end of the day of this year’s Annual General Meeting.
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