Thursday, April 16, 2015

Showdown in the power struggle with VW? – Tagesschau.de

Date: 16/04/2015 15:49 clock

the future of VW CEO Winterkorn decides faster than expected? Even today – and unscheduled – will meet the Presidium of the Supervisory Board. Winterkorn had declared that he would not, despite the move away from VW patriarch Piëch permitted to sell.

In the showdown at Volkswagen meets as NDR information already the Bureau of the Supervisory Board. The six members come together out of order after VW supervisory board, Ferdinand Piëch of CEO Martin Winterkorn was moved away and had thus provided a whirlwind in the company and the owners. According to information from the German Press Agency meeting in Austria takes place. The province of Salzburg is the home of supervisory board chairman Piëch, there is also the family seat of the Porsches.

In Bureau sitting next Piëch Berthold Huber from IG Metall, council boss Bernd Osterloh, the speaker of the Porsche family branch, Wolfgang Porsche, Prime Minister of Lower Stephan Weil and Osterloh Vice Stephan Wolf. The Panel with its six core of the 20-member Supervisory Board of Volkswagen and prepares the crucial decisions of the Supervisory Board.

Winterkorn was a long time as a successor Piëch at the top of the Supervisory Board been traded – until Friday. Since Piëch him withdrew with the quote “I am to distance Winterkorn” in the “mirror” with a few words the backing. This not only provides winter grain potential change at the head of the supervisory body in question, but also his continued presence on the board. Winterkorn’s contract as Volkswagen boss runs from the end of 2016. Piëch’s contract as the chairman of the board has a term until spring 2017th

Winterkorn says important date from

Behind the scenes is now apparently feverishly negotiated: CEO Winterkorn said in the short term from its participation in today’s closed meeting of heads of factions of the CDU and SPD. This was announced by SPD Group Chairman Thomas Oppermann. Winterkorn’ve established with participation in board meetings of the Volkswagen Group. At the meeting in Göttingen, the Grand Coalition intends to set out its future work program and invited, among other Winterkorn as an external host

Advocates -. But also powerful opponents

The employee representatives on the Supervisory Board and the two representatives of the VW major shareholder Lower Saxony on the capital side is an alliance for Winterkorn has spoken. 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

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The supervisory board chairman and members of the Piëch-owning family is considered VW power center , Wolfgang Porsche is in the Bureau of the Speaker of the family branch of Porsches, which holds the majority of VW, together with the Piëch. Porsche had Piëch’s damning quote initially dismissed as “private opinion”. The statement was not matched.

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