Maria-Elisabeth Schaeffler wants to remain Conti-Overseer: But her chair remains empty

Seventeen-year-old Maria-Elisabeth Schaeffler-Thumann, her share packages to automotive suppliers Schaeffler and Continental make her one of the richest women in Germany. But she does not want to let go. If the Conti shareholders elect their representatives to the Supervisory Board on April 26, the Schaefflerin will again be among the candidates.

Even if she holds 46 percent of the Conti shares together with her son Georg (54), some of them were not comfortable with the candidacy. Because Maria-Elisabeth Schaeffler stays away from the Supervisory Board meetings for about one and a half years, and that at Conti, like Schaeffler, mostly because of her poor health. She was informed, they say in Hanover, regularly; she was also switched on by phone and gave her votes on supervisory board boss Wolfgang Reitzle (69). Present, however, she was not.

Whether Maria-Elisabeth Schaeffler presents herself personally to her fellow shareholders at the Annual General Meeting in Hannover

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