He's running the company into the ground economically. Makes stupid decisions and grandiose projects that fail. Approves himself a record salary despite the company declining and employees losing money and jobs. Gets criticized by shareholders. And the consequence: discharge of liability and confirmation in office, extension of the outrageous contract until 2008.
Shareholders are complete idiots.
At tagesschau.de - Die Nachrichten der ARD there's the original article.