Deutsche Post's Schimmelmann sells shares worth 5.57 million euro
Deutsche Postbank AG chief executive and member of Deutsche Post AG’s management board, Wulf von Schimmelmann, has sold a large portion of the shares he owned in Deutsche Post, fuelling speculation that he may step down prematurely, reported Focus magazine without citing sources.
The magazine said that Schimmelmann sold 268,000 shares in four separate tranches with a combined value of around 5.57 mln euro.
Deutsche Post could not be reached for comment on the report.
