From: Deutsche Welle on Wed, Dec 09 2009 9:20 PM

He’s a sailing world champion, boat builder and innovator. Michael Schmidt is not your typical chief executive officer. He wears corduroys, has long gray hair and the hands of a working man, and never went to university. That hasn't stopped him from turning his Greifswald-based company, Han...

From: Deutsche Welle on Wed, Dec 09 2009 9:20 PM

Some 35 percent of top positions at DAX-listed companies undergo a leadership shuffle in the first 18 months. According to the Social Business Consulting company, European executive boards change twice as often as those in the United States. And in Germany, the turnover rate is twice as...