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Cabinet Weighs Post-Ministerial Roles for Christian Lindner as He Eyes Stepstone Board Seat

Germany's cooling-off rules require formal clearance for the former finance minister's planned private-sector mandates.

Overview

  • Documents seeking the necessary permissions are before the federal cabinet for decision on Wednesday, according to dpa.
  • From November, one year after leaving the Finance Ministry, Lindner would be eligible to start new professional activities.
  • People close to Lindner say he has applied for approvals for an expected independent seat on Stepstone Group's shareholder board and for other mandates.
  • Stepstone, a digital recruiting firm jointly owned by KKR and Axel Springer, operates international job portals and recently generated about €1 billion in revenue.
  • Since April, Lindner has been speaking at conferences on geopolitics and the global economy after exiting government and announcing his withdrawal from politics.