In the wake of a shareholder revolt at German exchange operator Deutsche Boerse, a total of six members of its supervisory board now want to resign including the board's chief and deputy chief, a newspaper said. Uwe Flach, former DZ Bank chief executive, Mehmet Dalman, head of hedge fund WMG and Alessandro Profumo, chief executive of Italy's UniCredito have all said they want to leave the board, the Frankfurter Allgemeine Sonntagszeitung said. Citing supervisory board sources, the paper said on Sunday the board's chairman Rolf Breuer would meet the other members to discuss personnel changes on Wednesday morning, ahead of an expected stormy annual meeting of Boerse's shareholders.
Breuer has already said he will leave at the end of the year by the latest, taking responsibility for Boerse's aborted plan to buy the London Stock Exchange - a debacle that resulted in the resignation of Chief Executive Werner Seifert.
Deputy supervisory board Chairman Manfred Zass also wants to go, the FAS's sister paper, the Frankfurter Allgemeine Zeitung said on Saturday, and Lloyds of London Chairman Lord Peter Levene announced his resignation last month.
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