Overview
- BayWa said Monika Hohlmeier and Michael Höllerer will leave the supervisory board on March 31 and Monique Surges will depart at the end of May.
- After these exits, farmers’ association chief Joachim Rukwied remains on the board despite investor criticism of his tenure.
- The company is tightening governance with four‑year terms and staggered elections from 2028, alongside stricter expertise requirements for seats.
- Oversight of big deals has been toughened as all transactions above €50 million now require board approval, down from €200 million.
- The turnaround continues under legal scrutiny, with Munich prosecutors conducting searches tied to the case and BayWa preparing asset sales including a planned divestment of Turners & Growers in 2026.