Reuters
A rare public boardroom dispute in Germany escalated on Friday, with the outgoing CEO of a major online broker criticising a company founder who had publicly campaigned against him. Frank Niehage, the CEO of broker FlatexDegiro, this week suddenly announced he would leave after 10 years at the helm of the firm that operates in 16 countries with 2.7 million customers. The departure followed sharp criticism from the company's founder and major shareholder, Bernd Foertsch, who told a business magazine last month he would vote against Niehage and the company's chair at an upcoming shareholder meeting due to strategic mistakes, like "sleeping through a cryptocurrency boom".