Is T-Online's Financial Chairman Leaving?
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[Berlin, GERMANY] There is no end in sight for the leadership crisis at the Telekom subsidiary T-Online. According to information in the magazine 'Focus-Money', CFO Christian Hoening will be jumping ship, following CEO Wolfgang Keuntje and board member Ralf Eck, the Munich based magazine announced on Wednesday before going to press. Hoening will supposedly submit his resignation by the end of the week.
The reasons are, as with both previous departures, the disagreements between Germany's largest ISP, based in Darmstadt, and the Telekom headquarters.
According to reports in the press, the T-Online leaders want more entrepreneurial independence.