FRANKFURT (Reuters) – Deutsche Bank chief executive Paul Achleitner, who oversaw failed plans to merge with Commerzbank, was the highest-paid German bluechip chairman last year, according to a survey released Monday -market.
Achleitner raised 858,000 euros (£ 741,320) to 2018, seven percent more than in 2017, hkp consultancy said, compared to an average pay of 424,000 euros.
During the mandate of Achleitners at Deutsche Bank, which began in 2012, the creditor's share price lost more than 70%.
He eclipsed the remuneration to Gerd Krick of Fresenius health group and Norbert Reithofer of BMW manufacturer who received € 640,000 and Hans Dieter Poetsch of Volkswagen which received € 584,000.
(Reporting by Hans Seidenstücker; Writing by Arno Schuetze; Editing by Riham Alkousaa)