Sixt Management

Sixt leadership remains one of the largest wildcards for Sixt after the company founder Erich Sixt passed the company to his two sons Alexander and Konstantin Sixt. The family controls more than 50% of the companies voting shares.

Unfortunately a lot of resources when it comes to Sixt are in german given that Sixt is a relatively small german company.

I recently listed to an impressive podcast with Alexander Sixt in which he highlighted good principles like being costumer centric or choosing key focus areas wisely and gives insights into his believes, family upbringing and career background. (German)

On the other side there have been reports about an autoritarian leadership style and personell losses among Sixt Top management.

Assessment
On a scale of 1-10 i continue to assess Sixt key leadership at 6-9 and factoring in a conservative 6 into the valuation for now while uncertainties persist.
Everything i heard from and about them until this last report has been reasonable. Both Alexander and Constantin Sixt worked almost a decade at Sixt before ultimately taking over the company and they have certainly been able to learn a lot from their father. According to Alexander Sixt they try to empower people and give them responsibility which contradicts the reports. That said we should certainly have a closer eye on the situation.

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