Fresenius cuts ex-ceo sturm's million bonus

Health group Fresenius is reducing the bonus of former chief executive Stephan Sturm. The manager is pushing back against the cut and leveling criticism in return.

At Fresenius in Düsseldorf a dispute over compensation for former executives is escalating. The company blames previous board members for serious mistakes and is therefore cutting the million-euro bonus of ex-chief executive Stephan Sturm.

Sturm in turn is criticizing the group's approach. German managers usually avoid public confrontations to preserve future relations.

The clash now risks turning into a prolonged public fight. So far the conflict has remained largely outside the wider public eye.

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