Aftermath of Budapest Sex Party 'This is All Incredibly Embarrassing'

The head of German insurance company Ergo, Torsten Oletzky, has told SPIEGEL in an interview that the Budapest sex party arranged for high-achieving salesmen was "completely unacceptable" and "incredibly embarrassing," and explains why many of them are still working for the firm.
Torsten Oletzky, the CEO of German insurer Ergo.

Torsten Oletzky, the CEO of German insurer Ergo.

Foto: dpa Picture-Alliance / David Ebener/ picture-alliance/ dpa
Interview conducted by Anne Seith