“Aufsichtsräte greifen härter durch”

Supervisory boards taking a tougher line

The May 27, 2008, issue of Handelsblatt quoted Booz & Company’s Stefan Eikelmann (Germany) in an article about Booz & Company’s landmark study, “CEO Succession 2007: The Performance Paradox.” "Today’s Supervisory boards are significantly more demanding, and act more quickly than they did ten years ago," said Eikelmann. "The rules of good corporate management are biting."