"Gerhard Fritz Kurt "Gerd" Schröder (German: [ˈɡeːɐ̯haʁt fʁɪts kʊʁt ˈʃʁøːdɐ] (listen); born 7 April 1944) is a German lobbyist and former politician, who served as the chancellor of Germany from 1998 to 2005. From 1999 to 2004, he was also the Leader of the Social Democratic Party of Germany (SPD). As chancellor, he led a coalition government of the SPD and Alliance 90/The Greens. Since leaving public office, Schröder has worked for Russian state-owned energy companies, including Nord Stream AG, Rosneft, and Gazprom.
Schröder was a lawyer before becoming a full-time politician, and he served as Minister President of Lower Saxony (1990–1998) before becoming chancellor. Following the 2005 federal election, which his party lost, and after three weeks of negotiations, he stood down as chancellor in favour of Angela Merkel of the rival Christian Democratic Union. He is the chairman of the board of Nord Stream AG and of Rosneft, after having been hired as a global manager by investment bank Rothschild, and also the chairman of the board of football club Hannover 96." - (en.wikipedia.org 01.08.2022)
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