Friday, April 17, 2015

VW Bureau stands behind Winterkorn: Crushing defeat for Piëch – n-tv.de NEWS

business
 


 Friday, April 17, 2015

 
 
 


  By Diana Dittmer
 


 


 
 Not Piëch, but Winterkorn goes from the power struggle at Volkswagen emerged as the winner. The VW chief remains in office. Consolidated Patriarch Piëch has done no favors. The next few years are likely to be a pain.

 


 
 
 

Ferdinand Piëch was never a man of many words: “Flick the ‘nor’” – in response to the question of whether the former Porsche CEO Wendelin Wiedeking enjoy his confidence. Or, “I am to distance Winterkorn” – these are the typical minimal sets of the VW patriarch, write the group’s history. Because we have become accustomed. Why should someone swinging long speeches, if it can be done differently? If a couple of word chunks sufficient to make the ground shake

So it was always and should it be forever? – So this has at least presented Piëch. According to him, the deluge. It does not speak for great people skills, but it has always worked. Only it is so that even the most rabid Partriarch eventually loses its terror – mostly when he is getting old. Sometime senses the pack that the favorable moment has come and refused to follow. That moment is now. Make the ground shake have his former followers.

Charts

In brief seven lines said the Bureau of the Supervisory Board, which belongs Piëch as chief inspector, Winterkorn his full confidence from , The 67-year-old was “the best of the CEO of Volkswagen”. A bang. The controlling body is recommended to extend Winterkorn’s contract expiring end of 2016 next February.

The “father of the gods,” as called him a retail investor is once beaten. He has to bluff is called. Already this week it was clearly become lonely around him. Many went to the one way or another at a distance. Cousin Wolfgang Porsche, Speaker of the Porsche family branch, called Piëch’s foray immediately as “private opinion”. An oath of allegiance to Winterkorn, although he did not speak out first. But the Porsche and Piëch families, as well as the policies and the works are after all not attacked commonly Winterkorn. So it would have been before.



The open question of power

The employee representatives on the Supervisory Board and the two representatives of the VW major shareholder Lower Saxony on the capital side spoke publicly for winter grain from. A clear sign of support were consolidated council boss Bernd Osterloh the previous day in the stands in the stadium at Wolfsburg Wolfsburg game against Naples when he demonstratively sat down next to the VW boss. It was probably more than just played serenity.

With so much resistance should not have expected the patriarch. He has always been the undisputed VW center of power. This time his arguments for dismantling Winterkorn have but apparently not enough. In its decision the Board members now have not only taken a clear position for winter grain, but also clearly against Piëch. This makes them the real question of power.

More about

Piëch has teamed up with the instigated by him flash dismantling any favors. His authority over the years was certainly a great guarantee for the success of the Group. He is a genius in his field – without a doubt. Precisely for this reason that defeat but is now so devastating.

Piëch has smashed in the final meters of his exceptional career good china. It is thus run the risk of inflicting great harm to his life’s work. He would not be the first to find out what happens. Nothing seems to force people to be more difficult than finding the right time to step back in the second row. Compulsive restlessness to sit in his lifetime a monument may end up that you removed the monument during his lifetime. What remains?

At 78 you should know that nothing is forever. Also, do not undisputed authority. The Supervisory Board will extend the contract of winter grain for two years. Piëch wants to retire after his previous plans in two years of his directorships. He is 80. This could be agonizing.

  Source: n-tv.de
 


  Theme
 
  LikeTweet

No comments:

Post a Comment