Cigna Development: Hassoun refuses to appoint the Oversight Board

It is said that there are disagreements between restructuring officials.

The closer the time, the greater the tension. On Wednesday next week, two extraordinary general meetings will be held at the Park Hyatt Vienna of the Signa Group: the meeting of Signa Prime Selection AG and Signa Development Selection AG. The agenda consists of seven items each. First, the current economic situation should be discussed, then the restructuring plan and associated exploitation measures. The fourth point includes elections to the Supervisory Board.

As KURIER already reported on Thursday, Karin Exner-Furer, Michael Mitterdorfer, Sebastian Schäfer, Kurt Berger, Colin Schmitz Falkenberg and Christian Bertschinger will join Cigna Prime's supervisory board.

At Signa Development, they will also be Exner-Wöhrer and Mitterdorfer as well as Christoph Schäfer, Claudia Badroch and Wolfgang Hesson. But the former president of Siemens Austria and vice-president of the Chamber of Commerce has removed himself from the running for membership of the development supervisory board. “I have thought about it carefully and would not accept the offer under the given circumstances,” Hasson tells KURIER. The top manager didn't want to say anything more about it. However, there are said to be disagreements between restructuring officials when it comes to selecting candidates for the supervisory board and the number of supervisory board members.

The question is who sends whom and how many people to supervisory boards. Not all stakeholders believe that the participation of Exner-Führer and Mitterdorfer on both supervisory boards, as requested by Signa Holding's restructuring director, is a good solution.