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Commerzbank CEO says contract term hinges on board strategy alignment

Commerzbank CEO Bettina Orlopp confirmed direct talks with UniCredit and said serving out her full term through 2029 depends on aligning strategy with the supervisory board.

CBKUCG

Commerzbank XETR:CBK CEO Bettina Orlopp on Wednesday confirmed direct talks with suitor UniCredit MIL:UCG and added it would only make sense to serve out her full term until 2029 if she can align on strategy with the supervisory board."As long as there is agreement on strategy and the way forward…