Deutsche Bank to Ask Shareholders to Approve 40% Pay Rise for Chair at AGM, FT Says, Citing Sources
Dow Jones12-08
--Deutsche Bank will seek shareholder approval to increase Chair Alexander Wynaendts's pay by 40% at next year's annual general meeting in order to keep the role competitive internationally, the Financial Times reports, citing unnamed sources.
--The FT says the bank wants to raise Wynaendts' pay to 1.4 million euros ($1.6 million), adding that the plan hasn't been finalized as yet. He is already the highest paid chair of the DAX companies, the FT says.
--Both the bank and Wynaendts declined to comment to the FT.
Full story: https://tinyurl.com/bdhvw42n
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
December 08, 2025 06:40 ET (11:40 GMT)
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