DWS exchanges CEO after suspected greenwashing

Frankfurt After the allegations of “greenwashing” became known, the Deutsche Bank fund subsidiary DWS replaced its company boss. Stefan Hoops will become the new CEO at the end of the day of this year’s general meeting, DWS announced in a mandatory announcement on Wednesday night.

Hoops was appointed by the shareholders’ meeting as a member and chairman of the management board with effect from June 10, 2022 and is thus retiring from his role as head of the corporate bank of Deutsche Bank Aktiengesellschaft. He succeeds Asoka Woehrmann. Wöhrmann resigned his mandate with effect from the end of the day of this year’s Annual General Meeting.

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