Borussia Dortmund's AGM: New Chair and Dividend Approved
Borussia Dortmund Hosts Annual General Meeting
Borussia Dortmund GmbH & Co. KGaA recently organized an important Annual General Meeting where significant decisions were made regarding shareholder dividends and changes in the Supervisory Board. The meeting was notably successful, concluding with the approval of a dividend payout and the election of new board members.
Shareholder Dividend Declaration
During the AGM, shareholders were pleased to learn about the approved dividend payment of €0.06 per share. This decision highlights the company’s commitment to returning value to its shareholders. The total net retained profits reached €37,857,162.45 for the fiscal year, allowing for a substantial allocation of €6,622,639.20 toward this dividend distribution, while the remaining funds have been earmarked for future reserves.
Changes in Board Composition
The AGM also introduced significant changes to the Supervisory Board's composition. In an effort to foster new perspectives, Christian Schmid and Michael Zorc were elected as new board members, while key members Judith Dommermuth, Matthias Bäumer, Bernd Geske, Dr. Reinhold Lunow, Ulrich Leitermann, and Prof. Dr. Bernhard Pellens retained their positions through re-election. This careful balance of new and returning members aims to enhance the board's effectiveness.
Leadership Transition
In a significant development, Silke Seidel was elected as the new Chairwoman of the Supervisory Board, succeeding the previous chair. Her leadership is expected to guide the board towards strategic growth and stability. Ulrich Leitermann was re-appointed as the Deputy Chairman, ensuring continuity in the board's operations. The Audit Committee also underwent evaluations, with existing members reaffirmed in their roles, ensuring a stable oversight function.
Concluding Remarks from the Meeting
Overall, the Annual General Meeting allowed Borussia Dortmund to solidify its commitment to its shareholders while modernizing its governance structure. With Silke Seidel taking the helm, there is anticipation regarding her vision for the future of the organization. Additionally, the detailed results of the voting and other agenda items have been documented for shareholders’ transparency on Borussia Dortmund's official channels.
Frequently Asked Questions
What significant decisions were made during the AGM?
The AGM approved a €0.06 per share dividend and elected Silke Seidel as the new Chairwoman of the Supervisory Board.
Who were the new members appointed to the Supervisory Board?
Christian Schmid and Michael Zorc were elected as new board members during the AGM.
What are the financial details concerning the dividend distribution?
€6,622,639.20 was allocated for dividend distribution from the net retained profits of €37,857,162.45.
Who was re-elected to the Supervisory Board?
Judith Dommermuth, Matthias Bäumer, Bernd Geske, Dr. Reinhold Lunow, Ulrich Leitermann, and Prof. Dr. Bernhard Pellens were re-elected.
How is the leadership structured after the AGM?
Silke Seidel is the new Chairwoman, with Ulrich Leitermann as Deputy Chairman, ensuring a stable and effective leadership team.
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