Saturday, April 11, 2015

VW patriarch Piëch breaks with CEO Winterkorn – T-Online

It crunches enormously in the leadership team of the car manufacturer VW: supervisory board chairman Ferdinand Piëch saws apparently the chair of CEO Martin Winterkorn. However, this receives support from the council.

“I am to distance Winterkorn,” quoted the “mirror” the powerful patriarch Piëch. The 77-year-old scatters so doubt whether Winterkorn can inherit in the management team in the Supervisory him after his term of office.

So far, insider had assumed that Winterkorn, whose contract runs until the end of 2016, and after that a Two years remains at the forefront of the twelve-brand group before it flakes Piech as chairman of the board.

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The Supervisory boss goes on distance to the VW Group CEO. What do you think?

Piëch is considered VW power center

The two engineers Piëch and Winterkorn has been accused of a very trusting relationship. The “mirror” display comes an earthquake in the VW empire same. Experts believe that Piëch’s remarks Winterkorn should significantly weaken position in the group.

The Porsche and Piëch families have the majority of votes at Volkswagen. Piëch is considered VW center of power. Without it falls no central decision.



Criticism of VW boss in the Supervisory Board

This raises the question of whether the 67-year-old actually extended his contract again. VW would not say himself.

According to the report much increase in the Supervisory Board criticism of the VW Boss, leads the Group since 2007. So throw Piëch’s brother Hans Michel, who also sits on the VW board, before Winterkorn omissions. To Piëch’s criticisms is thus worth that Winterkorn has not yet address the problems in the US business in the handle and the main brand VW weakens in profitability.



austerity program launched

The CEO had in last summer launched a savings program to help VW in the return on the jumps. Until 2017, five billion euro be saved. Third problem area is that VW for years been discussed about getting into the cheap segment, but so far no decision is taken.

VW works council boss Bernd Osterloh, meanwhile, has the speculation about a detachment of winter grain rejected. “If it were up to us, is his contract extended beyond 2016,” Osterloh said. With Winterkorn, Volkswagen became the most successful automotive manager on board. The council boss, who also sits on the influential Bureau of the VW supervisory board, called upon to perform any successor debates.

Prime Minister of Lower and VW board Stephan Weil (SPD) Winterkorn has demonstratively strengthen the back. “I am unpleasantly surprised about the statements quoted by Professor Piëch,” said Weil.



speculation about Piëch’s Wife

speculation that he could nominate his wife Ursula Piëch his successor, issued VW patriarch a refusal. “I strive to get to the top of the Supervisory Board and the Management Board the right ones and are not family members, this is not my wife,” cited the “mirror” Piëch on.

Ursula Piëch is not yet Member of the VW supervisory board. “More will not do,” Piech added. He did not want to continue to govern by his wife

The “mirror” writes that the decision as to who directs Volkswagen in the future, until 2017 fall -. And that “shortly before I left,” as Piech said. The candidates for this are already in the company. Management and Supervisory Board each technician would have to hold the lead, it was set.

Piëch has in the past “mirror” developments influenced several times by statements in the company. To the magazine was for a time very well informed about Piëch’s plans for the integration of Porsche, Volkswagen.

Eight years ago Piëch also made sure that VW CEO Bernd Pischetsrieder had to resign. In this case, the Porsche grandson took the discontent of workers to get rid of the former BMW boss.

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