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FACC AG / DI Walter Stephan (CEO) was revoked from the managementboard with immediate effect.
Press Wire ♦
Published: May 25, 2016; 07:39 ♦ (Vindobona)
In the supervisory board meeting, held on May 24, 2016, Mr. Walter Stephan (CEO) was revoked by the supervisory board as chairman of the management board of FACC AG with immediate effect for important reason. The supervisory board came to the conclusion, that Mr. Walter Stephan has severely violated his duties, in particular in relation to the "Fake President Incident". Mr. Robert Machtlinger was appointed as interim CEO of FACC AG.
FACC AG / DI Walter Stephan (CEO) was revoked from the managementboard with immediate effect. / Picture: © Vindobona.org
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