The Bureau comes along out of turn. after VW supervisory board, Ferdinand Piëch was moved away last Friday by CEO Martin Winterkorn and had thus triggered a vortex within the company and the owners. There currently all indications are that the meeting does not take place before the early afternoon.
The Bureau, with its six members of the core of the 20-member Supervisory Board and prepares the crucial decisions of the supervisory body. As the German Press Agency learned convenes the Bureau “in the course of the day” and has not sat together in the morning.
location of the meeting unclear
The council sitting: Ferdinand Piëch (Chairman), Berthold Huber from IG Metall (Vice Chairman), VW group works council boss Bernd Osterloh, the speaker of the Porsche family branch Wolfgang Porsche, Prime Minister of Lower Stephan Weil and Osterloh -Vize Stephan Wolf.
To the place of the meeting, there was initially no further information. Because it was in the morning at the Hannover Messe Exhibition Centre. Therefore, it is likely that the Bureau has not come together before the early afternoon. Because should want to keep an appointment in the evening in the Tui Foundation by 18 clock that eliminates a beginning of the Bureau meeting in the late afternoon. But the late evening would theoretically be an option.
Winterkorn was regarded as Crown Prince of the Supervisory Board
Winterkorn was up to the Piëch statement in the “mirror” (“I am to distance Winterkorn”) traded on the tip of the Supervisory Board as the successor of the VW patriarch. The news magazine Piëch quoted Besides the distance announcement with the words: “. I strive to get the right person at the head of the Supervisory Board and the Management Board” With these statements is not only winter grain potential change at the top of the control panel in question, but be continued presence on the board. Winterkorn’s contract as Volkswagen boss runs end 2016, Piëch’s contract as the chairman of the board has a term until spring 2017th
The employee representatives on the Supervisory Board and the two representatives of the VW major shareholder Lower Saxony on the capital side has a Alliance for Winterkorn pronounced. However, in the current leadership crisis is not about counting the votes may be killed on the Supervisory Board. Consistent Insiders say that an open front formation in the Supervisory Board Piëch is unlikely. The chairman of the board and representatives of the Piëch-owning family is considered the VW center of power.
Wolfgang Porsche is in the Bureau of the Speaker of the family branch of Posches holding the majority of VW, together with the Piëch. Porsche Ferdinand Piëch had damning quote initially dismissed as “private opinion”. The statement was not matched.
VW sales have under Winterkorn almost doubled
The family entrepreneur Dirk Rossmann holds the publicly promoted disassembly of winter grain for the wrong reasons. “I say: This is a no-go, it did not work. Such issues must be discussed internally, which may not be worn outside, “said the founder and head of the drugstore chain Rossmann Deutsche Presse-Agentur. Piëch was certainly his reasons, perhaps there differences in the Group’s strategy. “But the bear out, is the wrong way. And that, I think, Mr. Piëch also knows exactly “Rossman said. “But he does it.”
Winterkorn good eight years of Aegis – it was 2007 CEO – laid the deliveries of today’s biggest carmaker in Europe according to dpa calculations by 64 percent, sales by 86 percent, while operating Result quadrupled. On taking office, the Group had 329 000 employees. Today, there are, also thanks to four new brands, almost 600,000 people.
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