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BioNTech Investor Förtsch Says Founders’ Spinout Raises Concerns

BioNTech Investor Förtsch Says Founders’ Spinout Raises Concerns
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BioNTech Investor Förtsch Says Founders’ Spinout Raises Concerns German media mogul and investor Bernd Förtsch is calling on BioNTech SE to provide more details on the planned departure of its founders and the transfer of assets to their new venture. “The way in which a new company is now being established and the transfer of expertise and personnel is being initiated raises serious governance issues, in my opinion,” Förtsch said in a release Wednesday.

BioNTech Investor Förtsch Says Founders’ Spinout Raises Concerns German media mogul and investor Bernd Förtsch is calling on BioNTech SE to provide more details on the planned departure of its founders and the transfer of assets to their new venture. “The way in which a new company is now being established and the transfer of expertise and personnel is being initiated raises serious governance issues, in my opinion,” Förtsch said in a release Wednesday.
German (ORG) Bernd Förtsch (PERSON) SE (PERSON) Förtsch (ORG)
Originally published by Bloomberg Technology Read original →