In the latest “Update Gesellschaftsrecht” podcast, CMS partner Dr Daniel Otte speaks with Dr Timm Mittelsten Scheid, shareholder and member of the advisory board of Vorwerk SE & Co. KG, about the development and role of the advisory board in the Vorwerk Group. The podcast examines how the advisory board was created to deal with the aftermath of a family incident, and how it has evolved into a body that is actively involved in the group’s business affairs. The podcast deals with the structure of the advisory board, its wide-ranging duties beyond simply giving advice and the challenges posed by choosing its members. This discussion is an excellent follow-on to the previous podcast, in which Dr Daniel Otte and Christin Fischer addressed the legal basis for setting up advisory boards in family-owned businesses.
_925_290%20px.jpg?v=2)
