Hermann Richter (Manager)

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Hermann Richter (born January 29, 1903 in Dieuze , Lorraine , † April 19, 1982 in Überlingen ) was a German economist and manager . From 1942 to 1947 he was CEO of Henkel & Cie. AG and from 1972 to 1978 chairman of the supervisory board of Dresdner Bank AG .

Life

The son of the judge Hermann Richter and Ida, née Wack, first completed an apprenticeship at the Rheinische Creditbank in Freiburg im Breisgau after attending school . He then took up a degree in economics and business administration at the universities of Freiburg , Bonn and Cologne , which he graduated in 1925 with a degree in economics. He then worked as a business journalist for Buchwald's stock exchange reports and the Plutus letters to train bank officials and as an accounting specialist in Berlin . In 1928 he was awarded the dissertation topic , the problem of success cleavage to Dr. rer. pole. PhD .

In 1928 Richter was employed as an authorized signatory at Deutsche Revisions- und Treuhand AG, based in Berlin, where he was entrusted with examining the bank merger of Dresdner Bank AG and Darmstädter and Nationalbank AG in the early 1930s . In 1932 he moved to Dresdner Bank as deputy director for organization and accounting, where he was first promoted to director and in 1941 to general manager. During the Second World War , he took over the management of Henkel & Cie. As chairman in 1942. GmbH and also the CEO of Henkel & Cie. AG in Düsseldorf , which he held until 1947. He was also chairman of the Degussa AG supervisory board from 1943 to 1945 . After retiring from the bank's board of directors, he worked as an independent industrial consultant from 1948.

In the post-war period, the big banks in the Western Zone were decentralized at the instigation of the Allied military administrations. With the unbundling, Dresdner Bank was also split into several sub-institutions. In 1952, by enacting the law on the branch area for credit institutions, the individual banks were combined to form the credit institutions Hamburger Kreditbank AG , Rhein-Ruhr Bank AG and Rhein-Main Bank AG . Richter, who played a decisive role in this process and was chairman of the supervisory board of Deutsche Schiffahrtsbank AG , based in Bremen , from 1948 to 1966 , also chaired the supervisory board of Rhein-Main Bank AG from 1952 to 1957. After the reunification of the three sub-banks to form Dresdner Bank AG in 1957, he was initially deputy chairman until 1972 and then chairman of the bank's supervisory board until 1978.

In addition, Richter held positions on numerous supervisory boards. Among other things, he was Chairman of the Supervisory Board of Degussa AG from 1953 to 1959 and again from 1965 to 1982, Chairman of the Supervisory Board of Kempinski Hotelbetriebs-AG from 1952 to 1982 , Deputy Chairman of the Supervisory Board from 1956 to 1961 and 1970 to 1978 and Chairman of the Supervisory Board from 1963 to 1969 Farbwerke Hoechst AG , from 1960 to 1978 chairman of the supervisory board of Metallgesellschaft AG , from 1968 to 1978 chairman of the supervisory board of Brown, Boveri and Cie. AG , from 1974 to 1980 chairman of the supervisory board of Henkel KgaA and from 1969 to 1975 deputy chairman of the supervisory board of Audi NSU Auto Union AG .

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