Kaschke proposed to be elected to Deutsche Telekom Supervisory Board
OREANDA-NEWS. April 10, 2015. Supervisory Board of Deutsche Telekom AG will nominate Prof. Michael Kaschke to be elected as member of the Supervisory Board at the shareholders' meeting on May 21, 2015. He is to succeed Ines Kolmsee, who will soon take up a position on the Board of Management of EWE AG and is resigning from the Supervisory Board of Deutsche Telekom AG in order to prevent any conflicts of interest that could result in that EWE has a subsidiary that also offers telecommunications services. Kaschke is to be appointed by court order to the Supervisory Board for the period until the forthcoming shareholders' meeting.
Kaschke, who was born in 1957, has been CEO and President of Carl Zeiss AG since 2011, and a member of the company's Executive Board since 2000. In 2009, Kaschke, who holds a PhD in physics, was appointed honorary professor at the Department of Electrical Engineering and Information Technology of the Karlsruhe Institute of Technology. Last year, he was appointed to the German Council of Science and Humanities, one of Germany's most important advisory boards for science policy. To his appointment to the Supervisory Board of Deutsche Telekom AG, Kaschke thus brings both a wealth of high-technology expertise and the broad business and management experience he has gained from guiding a globally successful industrial company.
About Deutsche Telekom
Deutsche Telekom is one of the world’s leading integrated telecommunications companies with around 151 million mobile customers, 30 million fixed-network lines and more than 17 million broadband lines (as of December 31, 2014). The Group provides fixed network, mobile communications, Internet and IPTV products and services for consumers and ICT solutions for business customers and corporate customers. Deutsche Telekom is present in more than 50 countries and has approximately 228,000 employees worldwide. The Group generated revenues of EUR 62.7 billion in the 2014 financial year – more than 60 percent of it outside Germany.
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