🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Deutsche Bank's Achleitner best-paid chairman of German companies -survey

Published 29/04/2019, 10:34
© Reuters. Deutsche Bank's annual meeting in Frankfurt
DBKGn
-
CBKG
-

FRANKFURT (Reuters) - Deutsche Bank's Paul Achleitner, who oversaw failed plans to merge with Commerzbank (DE:CBKG), was the best-paid chairman of German bluechip companies last year, according to a survey published on Monday.

Achleitner bagged 858,000 euros (£741,320) for 2018, seven percent more than in 2017, consulting firm hkp said, comparing to an average pay for chairmen of 424,000 euros.

During Achleitners tenure at Deutsche Bank (DE:DBKGn), which started in 2012, the lender's share price has lost more than 70 percent.

He eclipsed the remuneration for healthcare group Fresenius' Gerd Krick and car maker BMW's Norbert Reithofer, who both received 640,000 euros and for Volkswagen's Hans Dieter Poetsch who was paid 584,000 euros.

© Reuters. Deutsche Bank's annual meeting in Frankfurt

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.