Mayrhuber changes mind on candidacy for the Supervisory Board of Lufthansa
This morning Wolfgang Mayrhuber, had “withdrawn his candidacy due to criticism from shareholders”. In the evening, Lufthansa now reports that Mayrhuber “declared that he would uphold his candidacy for the Supervisory Board elections unchanged”.
Lufthansa cited “today's repeated wish by the Supervisory Board that Wolfgang Mayrhuber should stand and the announcement by key investors that they would vote for him” as the reason for the change of mind.
“The initially different indications were caused by voting recommendations that are unsuited to Germany's two-tier corporate governance system”, Lufthansa added in a statement.