With the lender’s supervisory board holding a call Sunday evening to discuss Cryan’s fate, it’s still unclear what direction the board will ultimately take, with key shareholders expressing mixed views on the CEO, people familiar with the matter said.
At least two large investors have been pushing for the Cryan’s ouster, while another has signaled it won’t stand in the way if Achleitner makes such a move, said the people, who asked not to be identified because the discussions are private. But another major owner is still backing CEO, one person said. Deutsche Bank declined to comment.
Achleitner, who has yet to publicly address the matter, broke off his vacation and has been meeting with stakeholders this week to discuss his next move, the people said. Still, there is little indication what he actually intends to do, with options including keeping Cryan in his post, naming an internal candidate or bringing in an outsider.
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