OLDENBURG (dpa-AFX) – The grueling leadership dispute remains with the photo service provider Cewe (CEWE StiftungCo). As the Oldenburg company announced on Thursday, the board of directors is having the re-election of the chairman of the board of trustees, Rolf Hollander, legally checked for compliance with the statutes. According to the board of trustees, Hollander was elected a member of the board for a further four years at a meeting on Tuesday, and his position as chairman of the board of trustees was also extended. A major dispute broke out between Cewe CEO Christian Friege and Hollander, which ultimately led to Friege having to resign from his position at the end of the year because his contract was not extended.

    The board of trustees also announced that the manager Yvonne Rostock, who had been chosen as Friege’s successor, will now take over the business as CEO on March 1st, a month earlier than previously announced. It was also said that Friege would no longer assume operational responsibility in the new year. However, he remains on the board. The heir to the founding Neumüller family, Alexander Neumüller, had sent Friege to the board in April for the period after the end of his current contract. This is his special right as a so-called beneficiary of the foundation. The supervisory board and founding family, which holds a good 27 percent of the shares in the group, had spoken out in favor of Friege remaining at the top.

    In a letter to the workforce, Friege said that he would have liked to have held the position of CEO by the end of February, also to ensure a smooth transition to Yvonne Rostock. Hollander flatly rejected this. He could not imagine that he would be a permanent member of the board without operational activity, Friege wrote./men/jha/

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