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Signa Development: Hesoun rejects supervisory board mandate

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Signa Development: Hesoun rejects supervisory board mandate
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The closer the time comes, the more the tension increases. On Wednesday next week, two extraordinary general meetings will be held at the Hotel Park Hyatt Vienna, which belongs to the Signa Group: those of Signa Prime Selection AG and Signa Development Selection AG. The agenda consists of seven items each. First, the current economic situation should be discussed, then that of the restructuring plan and the associated exploitation measures. Point four includes the elections to the supervisory board.

As the KURIER already reported on Thursday, Karin Exner-Wöhrer, Michael Mitterdorfer, Sebastian Schäfer, Kurt Berger, Collin Schmitz-Valckenberg and Christian Bertschinger are to join the Signa Prime supervisory board.

At Signa Development, these will also be Exner-Wöhrer and Mitterdorfer as well as Christoph Schäffer, Claudia Badrausch and Wolfgang Hesoun. But the former Siemens Austria boss and vice president of the Chamber of Commerce has taken himself out of the running for the development supervisory board. “I have thought about it carefully and will not accept the offer under the given conditions,” says Hesoun to the KURIER. The top manager doesn’t want to say anything more about it. However, there are said to be disagreements between the restructuring administrators when it comes to the selection of supervisory board candidates and the number of supervisory board members.

The question is who sends whom and how many people to the supervisory boards. Not all stakeholders believe that Exner-Wöhrer and Mitterdorfer should sit on both supervisory boards, as requested by Signa Holding’s restructuring manager, is a good solution.



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