Deutsche Bank Proposes Roth and Moosmayer for Board
(Reuters) - Deutsche Bank said on Monday that Kirsty Roth and Klaus Moosmayer have been proposed to join the German bank's supervisory board in a vote at the upcoming annual shareholder meeting on May 22.
Roth is chief operations and technology officer at Thomson Reuters, the owner of Reuters News, while Klaus Moosmayer has been chief ethics, risk & compliance officer at Novartis, Deutsche said in a statement.
The two are set to fill positions on the non-executive board to be left vacant by Theodor Weimer and Dagmar Valcarcel, whose current terms are expiring, the bank added.
Change is also under way at the lender's executive board. Deutsche Bank last Friday extended CEO Christian Sewing's contract, while its finance chief and another top executive will depart as part of a management revamp.
Novartis earlier on Monday said that Moosmayer had decided to leave the Swiss drugmaker and that its Chief Legal Officer Karen Hale would take on Moosmayer's responsibilities on April 14, in addition to her current role.
(Reporting by Ludwig Burger, Editing by Friederike Heine)
