Alexander Doll

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Alexander Doll (born April 4, 1970 ) is a German business economist and manager . From November 2017 to December 2019 he was a board member of Deutsche Bahn . Since May 2020 he has been Chairman of the Supervisory Board of Lincoln International AG, the German branch of the US investment bank Lincoln International .

Career

He studied business administration in Frankfurt am Main and then attended the Goizueta Business School at Emory University in Atlanta for two years , from which he completed an MBA in 1998 . The trained banker then worked for various banks in New York, London and Frankfurt.

Barclays

In 2012, after having worked in various positions in the company for several years, Alexander Doll was appointed co-managing director of Barclays Germany alongside Ralf Herfurth . The company was in financial distress at the time, and Doll was hired to improve the company's economic metrics.

From 2015, Doll was the sole head of Germany at the financial company Barclays and, as in previous years, was one of the closest advisors to Deutsche Bahn. Among other things, he was involved in the decision to purchase the DB foreign subsidiary Arriva with its national subsidiaries in the Czech Republic and Poland.

Deutsche Bahn

On November 10, 2017, he was appointed to the board of directors of Deutsche Bahn , responsible for freight transport and logistics. He held this position from April 1, 2018. With a resolution of the Supervisory Board of September 26, 2018, he also took over the finance department (from Richard Lutz ) on January 1, 2019 against the protests of the railway union EVG , which refused to have a personal union on the board .

Doll was supposed to increase the income of the freight transport division DB Cargo and improve the financial situation of the group. In fact, the losses continued to grow. The DB board members Lutz and Pofalla had therefore suggested that he deal exclusively with freight traffic, which Doll rejected. Sometimes it is seen as an attempt by Lutz to keep a competitor at a distance.

As CFO, Doll was able to raise two billion euros in the financial markets in 2019 by placing a hybrid bond, thereby closing a financing gap and improving the company's rating.

The Arriva IPO, which Doll was also promoting, had to be postponed when the United Kingdom left the EU . The pension obligations for Arriva employees, which Doll only reported to the government in September 2019, had angered some there. The previously unknown pension guarantees in the amount of 432 million euros, which reduce the company's value, were noticed during the preparation of the Arriva sale by Doll.

An attempt by Federal Transport Minister Andreas Scheuer and DB Supervisory Board Chairman Michael Odenwald in November 2019 to relieve Doll from his duties failed due to the lack of a majority on the DB Supervisory Board. Scheuer has accused Doll of not having given him sufficient information about the planned sale or IPO of Arriva.

On November 18, 2019, the Supervisory Board approved the cancellation of Doll's contract as of December 31, 2019. He should receive a single-digit million sum as severance payment. According to Doll, he is leaving "due to different views on the further strategic development and management of Deutsche Bahn AG".

Sigrid Nikutta has been responsible for freight transport on the DB board since January 1, 2020 .

Lincoln International

Since May 1, 2020, Doll has been chairman of the supervisory board of Lincoln International AG in Frankfurt, the German branch of the US investment bank Lincoln International . He is also a member of Lincoln International's Global Management Committee.

Individual evidence

  1. ↑ Alexander Doll becomes head of Barclays in Germany. In: Creditreform Magazin. Retrieved March 13, 2019 (German).
  2. ↑ British bank is rebuilding: Alexander Doll becomes head of Barclays in Germany. Retrieved March 13, 2019 .
  3. ↑ a b Alexander Doll is to solve railway problems as CFO. Retrieved March 13, 2019 .
  4. ↑ Head of Freight Transport & Logistics. In: deutschebahn.com. Deutsche Bahn, April 25, 2018, accessed April 25, 2018 .
  5. ↑ Alexander Doll also takes over the finance department. • At the end of November, supervisory board meeting on future strategy. In: deutschebahn.com. Deutsche Bahn, September 26, 2018, accessed on September 30, 2018 .
  6. ↑ a b c Tim Bartz, Gerald Traufetter: Poisoned offer . In: Der Spiegel . No. 44 , 2019, pp. 44 ( online - October 26, 2019 ).
  7. ↑ a b Gerald Traufetter: Dead Track . In: Der Spiegel . No. 52 , 2019, p. 60-64 ( online ).
  8. ^ Bahn appoints Sigrid Nikutta, Scheuer fails with the expulsion of Chief Financial Officer Doll. In: manager-magazin.de. November 7, 2019, accessed November 8, 2019 .
  9. ↑ a b Alexander Doll leaves the railway board. In: deutschebahn.com. Deutsche Bahn, November 18, 2019, accessed on November 20, 2019 .
  10. ↑ Cancellation agreement signed - Chief Financial Officer Doll leaves the railway company. November 15, 2019, accessed on November 15, 2019 (German).
  11. ↑ DB Supervisory Board resolves new board structure and billions in investment in new trains. In: deutschebahn.com. Deutsche Bahn, November 7, 2019, accessed on November 8, 2019 .
  12. ↑ Sabine Reifenberger: Alexander Doll becomes chairman of the board at Lincoln. In: finance-magazin.de. Frankfurt Business Media GmbH, April 29, 2020, accessed on May 1, 2020 .
personal data
SURNAME Doll, Alexander
BRIEF DESCRIPTION German business economist
DATE OF BIRTH April 4th 1970