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German executive convicted over flight costs | Journal
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A prominent German business executive has been convicted of breach of trust and tax evasion and sentenced to three
years in prison over costs he incurred as CEO of a troubled
department store company. Thomas Middelhoff was CEO of Arcandor, the now-bankrupt parent company of struggling German department store chain Karstadt from 2005-2009.
years in prison over costs he incurred as CEO of a troubled
department store company. Thomas Middelhoff was CEO of Arcandor, the now-bankrupt parent company of struggling German department store chain Karstadt from 2005-2009.
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