In view of the investigations into the metal thefts at Aurubis, the group’s management bodies are not initially expected to be exonerated.
As can be seen from the invitation to the general meeting on February 15th, the decision to postpone the discharge of the members of the Executive Board and the Supervisory Board for the 2022/23 financial year will be made at the end of September.
The background is the ongoing investigations into criminal activities directed against society, which have led to shortages of precious metals.
Thieves caused Aurubis damage of 169 million euros last year, so the group had to lower its business forecasts in the fall.
Due to the thefts and a serious industrial accident at the Hamburg plant in May 2023, the Supervisory Board also made adjustments to the annual bonus in agreement with the entire Executive Board. The Executive Board waives its individual target achievement as part of the variable remuneration for the past financial year.
FRANKFURT (Dow Jones)
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