Klaus Zumwinkel

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Klaus Zumwinkel
KlausZumwinkel2007-2.jpg
Klaus Zumwinkel in 2007
Born (1943-12-15) December 15, 1943 (age 70)
Rheinberg, Northrhine-Westphalia, Germany
Education University of Münster
Wharton Business School[1]
Occupation CEO, Chairman
Salary 4,240,000[2]
Title Deutsche Post CEO
Successor Frank Appel

Klaus Peter Richard Otto Zumwinkel (German pronunciation: [ˈtsʊmvɪŋkəl], born December 15, 1943) was Chief Executive Officer and Chairman of Deutsche Post between 1990 and 2008. Being under suspicion of tax fraud, he resigned from office on February 15, 2008.[3] He was convicted in January 2009, and given a suspended sentence of two years imprisonment and fined one million euros.[4][5]

Early life[edit]

Zumwinkel was born in Rheinberg, Kreis Moers, Rheinprovinz, which is now in Kreis Wesel, Nordrhein-Westfalen. He attended Gymnasium Adolfinum in Moers and studied business at the University of Münster. Following graduation in 1969, he attended Wharton Business School of the University of Pennsylvania from 1970. He gained his M.Sc. in 1971,[1] and returned to the University of Münster, where he qualified as Dr. rer. pol. in 1973.

Career[edit]

Zumwinkel began his career as a consultant with McKinsey in 1974, leaving to become CEO of Quelle AG in 1984 before subsequently joining the management board of Deutsche Post in 1990.[6]

See also[edit]

References[edit]

  1. ^ a b Wharton Alumni Magazine: 125 Influential People and Ideas: Klaus Zumwinkel
  2. ^ Deutsche Post: Frank Appel (bis 17.2.2008 Klaus Zumwinkel)
  3. ^ Buckley, Christine; Johnston, Chris (2008-02-16). "Deutsche Post chief executive Klaus Zumwinkel quits amid tax evasion inquiry". The Times. Retrieved 2008-02-24. 
  4. ^ Inverardi, Matthias (26 January 2009). "German business luminary avoids jail for tax fraud". Welt Online - English News. Axel Springer AG. Retrieved 2010-02-01. 
  5. ^ "Ex-CEO of Deutsche Post Avoids Jail in Tax Evasion Case". Spiegel Online International. Spiegel Online. 26 January 2009. Retrieved 2010-02-01. 
  6. ^ Klaus Zumwinkel: Executive Profile & Biography - BusinessWeek