Beiersdorf Shuffling Top Management As Nivea Growth Slows
This article was originally published in The Rose Sheet
Executive Summary
Speculation has it that strategic disagreement between CEO Stefan Heidenreich and Beiersdorf’s controlling Herz family may be the reason for the exec’s planned departure at the end of 2018, if not earlier. The firm also welcomed a new CFO at the start of July after forecasting slowing growth for the remainder of fiscal 2018.
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