President of Germany them to the President of the Bundesrat. If the president dies, resigns or is otherwise removed from office, a successor is to be elected within thirty days. Horst Köhler, upon his resignation on May 31, 2010, became the first president to trigger this re-election process. Jens Böhrnsen, President of the Senate and Mayor of the Free Hanseatic City of Bremen and at the time President of the Bundesrat, assumed the powers and duties of head of state. Similarly, when Christian Wulff resigned in 2012, it was Horst Seehofer, Minister-President of Bavaria, as President of the Bundesrat, who assumed the powers
John S. Koudounis the executive managing director and head of fixed income, responsible for the firm's activities in trading, sales, and investment banking. In his first year at the company, his division earned more than the entire firm had in its entire history. In 2010, Koudounis was appointed president and CEO of the company. He also sat on the company's executive management committee, risk committee, and new product committee. When he became the company's CEO in 2010, he was the youngest CEO on Wall Street at the age of 44. As well as having direct management responsibilities in the Americas, he served on