How Höttges should reform the Dax group

Berlin, Düsseldorf Timotheus Höttges is to lead Deutsche Telekom until the end of 2026. At the meeting of the supervisory board on Wednesday, the committee should decide to extend it by a further five years, as the Handelsblatt learned from three people entrusted with the process. In a preliminary negotiation, an agreement was reached among the members of the supervisory board by Tuesday evening.

At the same time, the way is to be paved for the CEO of Deutsche Post, Frank Appel, as the new chief supervisor. He is to be appointed as the new chairman of the supervisory board at the general meeting of the group and thus succeed Ulrich Lehner, who is leaving. On Tuesday, Appel and the supervisory board had already connected virtually to discuss Wednesday’s decisions.