Friday , March 5 2021

Hampel leaves Bank Austria after a dispute over B & C Privatstiftung "DiePresse.com



Chairman of the Supervisory Board Erich Hampel (67) resigns all his functions in Bank Austria. Trigger was an attempt by Michael Toyner to take over the B & C private institution. Since Hampel also runs the B & C Private Foundation's management board, both of them were in a legal dispute on both sides.

Toyota wants to take over B & C with a group of investors. Foundations have an interest in industrial companies Lenzing, AMAG and Semperit. According to unconfirmed media reports, Toyota provides UniCredit with 100 million euros for the transfer of its rights as a beneficiary and the final beneficiary to the Foundation. In addition, EUR 150 million should be set aside for the transformation of the founding committee into Toyota or the persons he has chosen.

From the point of view of the B & C Foundation, which classifies the offer as a hostile takeover, UniCredit no longer has these rights, as they were already paid in 2008.

In a letter to the Director-General of UniCredit Jean-Pierre Mustier, whose general manager is Gianni Franco Papa and COO Ranieri de Marchis, Hampel is now in the governing board of Bank Austria under the leadership of Robert Zadrazil and FMA and Oesterreichische Nationalbank (OeNB) Withdrawal with immediate effect reported by of all functions.

"Standard" writes, without giving any information, that Hampel has not received any official information about the decisions of the Executive Board responsible for the issue of Toyota in Milan and the UniCredit Board of Directors of Bank Austria, which supervises it jointly, as Chairman of the Supervisory Board of the Bank of Austria. important. "And further:" According to reports, Hampel is talking about the illegal behavior of Italians around B & C. "

Hampel resigned from the eight mandates of the Supervisory Board, in addition to the chairmanship of the Supervisory Board BA on his term in subsidiaries of UniCredit in Serbia, Hungary and Croatia, as well as with Bausparkasse Wüstenrot and Oesterreichischer Kontrollbank. Through this step, he wanted to eliminate possible conflicting interests from the world.

(APA)


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