In his first public comments since resigning from Switzerland's largest insurer after being named in the suicide note of its finance chief, Josef Ackermann said it was unfair to blame him for what he called a surprise tragedy.
Josef Ackermann, the former Deutsche Bank CEO, is planning to step down as deputy chairman of Siemens AG’s supervisory board, according to a person familiar with the matter.
Josef Ackermann tried to shake up Zurich Insurance Group. Now, allegations that he was partly responsible for the suicide of the chief financial officer are casting a shadow over his 35-year-long career.
One of the business world’s sadder and more macabre stories is coming out of serene Switzerland.
Josef Ackermann’s abrupt resignation as chairman of Zurich Insurance Group came after Chief Financial Officer Pierre Wauthier mentioned him in his suicide note, the company said.
Josef Ackermann, the chairman of Zurich Insurance Group, has resigned after indicating that he felt pressured to take part of the responsibility for the death of Chief Financial Officer Pierre Wauthier, the firm announced on Thursday.
Zurich Insurance Chairman Josef Ackermann resigned after the company’s finance chief died in a suspected suicide.
Here's a few links to some interesting Bloomberg and New York Post stories currently doing the rounds.
Christopher Wheeler, a banking analyst at Mediobanca SpA, talks about the tenure of Deutsche Bank AG Chief Executive Officer Josef Ackermann.
Banks (and bankers) in Europe and the US are being asked to be on their guard, after German investigators confirmed that they had obtained a letter claiming responsibility for that letter bomb which was addressed to Deutsche Bank CEO Josef Ackermann earlier this week, which indicated that two other devices had been made.