Word: klasen
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Dates: during 1960-1969
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...Bank's retirement age of 65, Abs has just stepped up to the elder-statesman role of chairman of its supervisory board. To succeed him as Sprecher des Vorstandes, or speaker for its ten-man executive board, the Frankfurt-based bank picked not one but two associates: Karl Klasen, 58, head of its Hamburg office, and Franz Heinrich Ulrich, 56, who will also continue to manage its Dusseldorf division. Though withdrawing from active banking, Abs remains one of his country's most powerful businessmen. A director of 29 large companies, he retains the chairmanship of 15, including Daimler...