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Deutsche Bahn Board Urges Ouster of CFO Karin Dohm if Deal Fails Before March 20

A board letter cites an irretrievable loss of trust after her December directive on splitting DB Services without prior consultation.

Overview

  • The executive board asked supervisory-board chair Werner Gatzer to revoke Dohm’s appointment should a consensual exit not be reached, according to reports based on the Süddeutsche Zeitung letter.
  • The letter argues constructive cooperation is no longer possible and warns the company’s ability to act is impaired.
  • It is signed by CEO Evelyn Palla along with Michael Peterson, Martin Seiler, Bernhard Osburg and Harmen van Zijderveld.
  • Tensions escalated after Dohm signed a December shareholder instruction to split DB Services without consulting employee representatives, angering the works council.
  • The personnel case is scheduled for the March 20 supervisory-board meeting as Deutsche Bahn seeks an amicable separation beforehand.