The chief executive of fintech giant Wirecard AG resigned Friday after 2 banks in the Philippines implied to be holding over $2 billion on behalf of the company said they don’t have the cash and never did.
Chief Executive Markus Braun, long the face of the business and its largest shareholder, resigned with immediate impact, the company stated Friday. James H. Freis, who was selected as a member of Wirecard’s management board late Thursday, will act as interim president.
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source https://jobsearchtips.net/wirecard-ceo-resigns-after-banks-state-missing-2-billion-does-not-exist/
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