Roland Koch , who has governed the western German state of Hesse for 11 years, unexpectedly announced his resignation, depriving Chancellor Angela Merkel ’s party of one of its political heavyweights.
Roland Koch, the outgoing deputy leader of Chancellor Angela Merkel’s party who served for 11 years as prime minister of Hesse state, said he doesn’t intend to return to front-line politics.
Bilfinger SE Chief Executive Officer Roland Koch earned 2.3 million euros ($3 million) in his first full year heading Germany’s second-largest construction company.
"I must recognize that large portions of the supervisory board do not agree with me enough in deciding the next necessary steps for the company."
- Roland Koch on Aug 04, 2014