Gusenbauer, Reiss-Hahn, and the entire Cigna advisory board must go

There is a lot of downsizing in the management ranks at Signa Group. The advisory board of bankrupt Signa Holding has been completely dissolved. The Ö-1 newspaper “Morgenjournal” reported this on Thursday, and it has now been confirmed to APA by Signa. Also history is the Group Executive Board of the holding company, which was responsible for operational and strategic management, as well as the Advisory Board of Signa Retail.

The Advisory Board of Signa was established in 2013, with Rene Benko serving as Chairman of the Board until his departure in November 2023. In addition, former SPÖ Chancellor Alfred Gusenbauer as well as Wüstenrot President and former FPÖ Vice Chancellor Susanne Rees-Hahn sat on the Advisory Board, although Media reports already reported about Gosenbauer a few days ago that he would resign from the advisory board. .

Members of the four-person Executive Board, chaired by Dieter Berninghaus, Signa’s Retail Director, are Signa Holding’s Managing Director, Christoph Stadelhuber, as well as Wolfram Kail and Timo Herzberg. Berninghaus also chaired Signa Retail’s now-defunct five-person advisory board, which served as a committee for the management of individual retail companies.