Michael Jack Kugler

Mr. Michael Jack Kugler, Deputy Chairman (d.o.b. 1939), was awarded a bachelor of arts from the Baruch School of Business at City College in New York, USA, in 1957.

In 1980, he was awarded an honorary doctorate in business administration by Hawthorne College in Antrim, New Hampshire, USA. Mr. Michael Jack Kugler started his career at Salomon Brothers, where he worked as an employee with partner status from 1957 to 1977.

In the years 1977 to 1984, Mr. Michael Jack Kugler was head of the government bonds department at Merrill Lynch. In 1984, Mr. Michael Jack Kugler became executive vice president (stellvertretender Vorsitzender der Geschäftsführung) of Drexel Burnham Lambert Inc. where he worked until 1992 in the position of head of the government bonds department.

From 1992 to 2000, Mr. Michael Jack Kugler was executive vice president (stellvertretender Vorsitzender der Geschäftsführung) of Daiwa Securities America Inc., where he was responsible for the government bonds department.

Since 2000, Mr. Michael Jack Kugler has been executive vice president (stellvertretender Vorsitzender der Geschäftsführung) of Xcelera Inc. where he is responsible for financial market transactions and corporate fund investment.