In 2005, the Management Board Compensation Disclosure Act (VorstOG) entered into force. Sixt AG became the first company in Germany to exercise the right not to disclose Directors’ salaries without a shareholder vote of at least 75% majority. CEO Erich Sixt held at this time 56.8% of Sixt ordinary shares, corresponding to 89% of votes at the general meeting, meaning he was essentially able to determine the outcome. Overall, 98% of the voters approved the non-disclosure of executive pay. In 2006, Sixt made a bid to take over its competitor, Europcar, when owner Volkswagen offered it for sale. In addition to antitrust concerns (Sixt at that time had approximately 23% market share, Europcar 22%), there was also resistance from the Europcar works council, which feared job cuts after the merger. Volkswagen finally accepted an offer by the French investment company Eurazeo. Since 2007 and via subsidiary companies, Sixt has operated the online brokerage of motor vehicles with the websites Autocommunity Carmondo, Mystocks, RadAlert, Winebase, and autohaus24. 2010s In 2010, former employees claimed that Sixt was opposed to setting up a works council. The company's management denied the allegation. In 2011, the company opened its first branch in the USA in Florida. In 2013, Sixt AG was converted to the legal form of a European Company (Societas Europaea) and since then has been called Sixt SE. As part of the transition, a European Works Council ("Sixt Europe Leaders Forum") was founded in 2013. In May 2015, Sixt brought its subsidiary Sixt Leasing AG to the Frankfurt Stock Exchange. At the beginning of 2018, Sixt sold its shares in car sharing service DriveNow for 209 million euros to its joint venture partner BMW. In February 2019, Sixt started an own mobility platform and a new car sharing service named Sixt share. The services car rental, car sharing, ride hailing and car subscriptions are all combined into one app. 2020s In 2020, Sixt sold all its shares in Sixt Leasing SE in order to focus its business on its mobility services. In June 2020, Sixt acquired 10 concessions at U.S. airports from Advantage Rent a Car. The acquisition increased the number of Sixt stations in the United States to more than 85. At end of July 2020, Lyft and Sixt announced a joint venture, where Lyft app users can rent a car from both partners through the app. In December 2021, the company