Reinhard Pöllath

Reinhard Pöllath (born January 15, 1948) is a German businessman and lawyer.[1] He serves as Chairman of the Board of Directors of Beiersdorf.[2][3][4]

Early live and education

Reinhard Pöllath was born in 1948. He grew up in Upper Franconia, where his family has run a joinery since the 17th century.[1] He graduated from high school in Marktredwitz in 1967.[5] After completing his military service, he studied law from 1969 to 1973 at the University of Regensburg and the Ludwig Maximilian University of Munich. Subsequently, he held a scholarship from the Studienstiftung, with whose support he graduated with a master's degree from the Harvard Law School in 1974. In 2006, he obtained a doctorate degree.[1]

Career

In 1977, he was admitted as a lawyer and worked first as a lawyer in Munich, Frankfurt am Main and Berlin. Until 1993, he was a partner at a law firm in Munich and until 1997, managing director of a real estate and hotel company.[6]

In 1997, together with six partners, he started the law firm P+P Pöllath + Partners.[3][7] He specialized in advising family businesses, corporate acquisitions, tax law, foundations and trusts. Pöllath has advised different recognized clients, like the Harald Quandt family.[8] In 2012, the law firm had offices in Munich, Berlin and Frankfurt.[9] Pöllath became known as an advisor to the Herz family, which appointed him interim chief executive officer of Tchibo Holding AG, in 2002.[10] One year later, he was nominated as chairman of the supervisory board.[11] In 2007, he took over management of Brost Holding, which held 50 percent of the Funke Mediengruppe.[12]

Other affiliations

Pöllath is an Honorary Professor at the University of Münster's Institute of tax law.[13]

He sits on the Boards of SinnerSchrader, Woolworth GmbH, BonVenture, TA Triumph-Adler, and Beiersdorf.[3] He was chairman of the board of Escada.[14]

Pöllath is a member of the council for the Lindau Nobel Laureate Meetings.[15]

Engelhorn tax affair

In 2013, Pöllath was put into investigative custody for nine days, following suspicions of aiding in the evasion of gift taxes in the amount of up to 440 million Euro by the pharmaceutical billionaire Curt Engelhorn, whose assets Pöllath managed. The tax rebate negotiated with the authorities by the Engelhorn family is said to amount to around 135 million Euro.[16][17]

Awards

The asteroid 7448 Pöllath, which was discovered on the day before his birth, was named after him. Pöllath was awarded the Order of Merit of the Federal Republic of Germany, first class.[18]

References
  1. Ravensburg, Munzinger-Archiv GmbH. "Reinhard Pöllath - Munzinger Biographie". www.munzinger.de (in German). Retrieved 2018-09-15.
  2. Beiersdorf Boards & Committees
  3. BusinessWeek
  4. The Wall Street Journal
  5. "Geldverdienen kann nicht alles sein". Frankenpost (in German). Retrieved 2018-09-15.
  6. "Professor Pöllath stiftet Jean-Paul-Büste". Frankenpost (in German). Retrieved 2018-09-15.
  7. "20 Jahre P+P Pöllath + Partners". P+P Pöllath + Partners. Retrieved 2018-09-16.
  8. "Förderer-Portrait". Max-Planck-Gesellschaft (in German). Retrieved 2018-09-16.
  9. "Handelsblatt Legal Success: Das sind Deutschlands beste Wirtschaftsanwälte - Handelsblatt Online". tool.handelsblatt.com. Retrieved 2018-09-16.
  10. "Der Neue Vorstandschef der Tchibo-Holding AG: Reinhard Pöllath: Der besonnene Schlichter" (in German). Retrieved 2018-09-16.
  11. "Tchibo: Familie Herz geht getrennte Wege - manager magazin". manager magazin. Retrieved 2018-09-16.
  12. "WAZ-Gruppe: Brost-Holding mit neuer Führung - manager magazin". manager magazin. Retrieved 2018-09-16.
  13. "Prof. Dr. Reinhard Pöllath, LL.M." P+P Pöllath + Partners. Retrieved 2018-09-16.
  14. "Neustart für Escada". Der Tagesspiegel Online (in German). 2008-06-20. ISSN 1865-2263. Retrieved 2018-09-16.
  15. "About". The Lindau Nobel Laureate Meetings. Retrieved 2018-09-17.
  16. "Curt Engelhorn: Milliardärs-Clan kann auf Steuer-Deal hoffen". Spiegel Online. 2016-01-23. Retrieved 2018-09-16.
  17. Richter, Peter. "Haben zwei Millionärs-Töchter 80 Millionen Euro hinterzogen?". Augsburger Allgemeine (in German). Retrieved 2018-09-16.
  18. Neumann, Conny; Richter, Peter (2016-01-23). "Steuern: Zwischen Erde und Mond". Der Spiegel. 4. Retrieved 2018-09-17.
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