Volkswagen CEO Martin Winterkorn on Monday at the Hannover Messe.
The leadership contest at Volkswagen aims afternoon his climax. The Presidium of the Supervisory Board shall be composed according to reports against 16 clock in Salzburg. The Chairman Ferdinand Piech has therefore asked the members of the Bureau and the CEO Martin Winterkorn to this extraordinary meeting in his home. Winterkorn will not travel with the intent to Austria to accept his resignation evoked by Piëch.
On the contrary, as announced by those he wants to go this week in a bid to extend the contract. Whether Piëch will engage in this imaginary well as a gesture of reparation for a verbal gaffe extension, may be more than doubtful. Ferdinand Piëch makes the public never thoughtless remarks, the attack on Winterkorn and its consequences it will have just changed her.
Winterkorn has a contract until 2016 and could come up with his desire for renewal, at least officially, the back cover of the Works to be sure, had already said, from him could Winterkorn like to stay longer than planned. However, it is not clear how long the support for Winterkorn holds and whether they ever survived this day. In the past, Piëch has always been by his concern, even if they previously appeared hopeless – just think about last to the takeover battle with Porsche
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Participation in the retreat canceled
On the morning of the attack Volkswagen CEO Martin Winterkorn had canceled his attendance at the closed meeting of heads of factions of the CDU and SPD in the short term. This was announced by SPD parliamentary leader Thomas Oppermann. Winterkorn have the grounds that he had to attend committee meetings of the Volkswagen Group. Union Group CEO Michael Grosse-Brömer cited the reason a special session of the Presidium of the VW supervisory board. A VW spokesman confirmed the canceled participation in the fraction exam, but did not provide any reasons. The Chief Development Officer of the core brand VW cars, Heinz-Jakob Neußer, will represent Winterkorn.
Actually, the VW boss was expected on Thursday afternoon in Göttingen, where the fraction guides of the CDU / CSU and SPD stake out its work program. They had Winterkorn invited as a guest.
How to decide the workers?
The leadership contest in Europe’s largest automotive group broke out a few days ago. VW patriarch and chairman of the board Ferdinand Piëch moved publicly surprisingly on Winterkorn. “I am to distance Winterkorn,” he said in a newspaper interview. Since then raging power struggle. So far, Piëch has decided such disputes for themselves, for example, as the former VW CEO Bernd Pischetsrieder’ve wasted.
This time, however, both the employees’ representatives and the Government of Lower Saxony have arisen in the first reactions significantly behind Winterkorn and positioned against the Porsche-grandchildren. The mighty the General Chairman Bernd Osterloh even said: “If it were up to us, his (winter grain) contract is extended beyond 2016.”
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The employee has the Supervisory Board that decides Winterkorn’s future, at least ten of twenty votes; the Piëch and Porsche families come together only half as many. Even Prime Minister of Lower Stephan Weil – the country is a substantial shareholder of the Group – were troubled about Piëch. At the Hannover Messe SPD politician said on the sidelines of a tour: “VW is extremely important for Lower Saxony, but VW is also very important for Germany.” The company is one of the major employers: “This must produce by business successes headlines.” His tour of the exhibition he took a shortcut and made a visit to the Volkswagen stand out.
Piëch is the Presidential present his criticism of winter grain. And probably also an alternative show as acting CEO. Who this question if it is unclear. Might be possible Porsche CEO Matthias Mueller. Has at least ever put on record that he would be willing to move from Stuttgart to Wolfsburg.
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