Man overboard?

Juergen Krumnow’s position at Tui looks untenable. Dissident shareholders are calling for the chairman of the German travel and shipping group to resign, as part of a board reshuffle. Krumnow may hold on in Wednesday’s AGM vote, thanks to the support of allies on the supervisory board, but with almost 25% of votes in open revolt, the clock is ticking. Tui’s largest shareholder, Norwegian shipping billionaire John Fredriksen, is leading the charge. Earlier this year, Fredriksen succeeded in for...