Zumwinkel's dual role in Germany
Klaus Zumwinkel, chairman of Deutsche Post, Germany’s dominant postal company, is to become chairman of the supervisory board of Deutsche Telekom.
He will replace Hans-Dietrich Winkhaus, the board’s current chairman. Mr Zumwinkel will retain his position at Deutsche Post.
The federal government, which remains the largest shareholder in Deutsche Telekom, had been lobbying for Mr Zumwinkel’s appointment as chairman of the supervisory board, according to weekend media reports.
Mr Winkhaus said in a statement he would resign as supervisory board chairman at the next meeting, and would resign from the board at the next shareholders’ meeting in late May.
Deutsche Telekom is also to propose Wendelin Wiedeking, chairman of luxury carmaker Porsche, and Hans-Jürgen Schinzler, chairman of Münchner-Rück insurance, as new supervisory board members.
