Deutsche Bank AG Chairman Paul Achleitner has held talks with potential successors to Chief Executive Officer John Cryan as part of plans to replace the executive should a better candidate emerge, according to people with knowledge of the matter.
Discussions have focused on a leader who speaks German and who works well with regulators, the people said, asking not to be identified. Achleitner has sounded out potential replacements as part of normal succession planning, they said. One top shareholder -- asking not to be identified discussing sensitive matters -- said Cryan remains the best choice as CEO of the bank.
