Saturday, May 2, 2015

Supervisory outraged by Piëch – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
         
 
                                              

 
 
     
     
     
         
         
                                                             

Before the Volkswagen Annual General Meeting on Tuesday former supervisory board chief Ferdinand Piëch keeps the company busy. After Piëch and his wife Ursula had come last Saturday a humiliating deselection from the Supervisory Board by leaving earlier, two nieces Piëch were on Thursday by the district court in Braunschweig (Louise Kiesling and Julia Kuhn-Piëch) appointed as substitutes interior. Prompt Piëch has objected via “Bild” newspaper of the nomination of the two nieces: him miss the event the appeal due to lack of professional experience. Piëch instead hit two family- and business-distant Manager before.


                         
         
         
         
             
                                                                      
 
 
 
 
 
     
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

     
     

 
     
 

     
 
     
 
     

 
         
                                                                                                                                                                        © FAZ
 
             
 
             
 
             
 
                             
         
         
     

 

     

 

 
 


 
     
     
                 
                                 
                                                                             
                                                                                                                                                                               infographic / who owns VW
                 
                     
             
         
     

     

 


 
                                 
                         
         
         
                                                             
                                 

Against Piëch harassing stirs now on the board outrage. “The appointment is waterproof and immovable” were circles of the Panel on Saturday, the Frankfurter Allgemeine Sonntagszeitung know. We have great interest to regulate Piëch’s successor decently: “The appointment of the two women was matched. We have acted to honor and conscience. “So far, Piëch has let its opposition to follow any legal action. Man but he dares to this well.


                         
         
         
                                                                                                                                                                                                                                                          

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Keep Together, the Porsche and Piëch families the majority stake in VW. The appointment of two women to show that it respects ownership and symmetry of the two tribes of the clan. The outrage in the Supervisory Board is so fierce because one assumes there that the choice of successors was tunes within both branches of the family – including with Ferdinand Piëch. At the same time it points out that Uncle Ferdinand Piëch had installed his niece Julia Kun-Piëch even the supervisory board of VW subsidiary MAN a year ago.


                                 

 
  
 
 
 
                       

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Supervisory outraged by Piëch

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This kind of interference from VW patriarch Ferdinand Piech against his nieces provides the supervisory board of the car manufacturer for major annoyance. The appointment of two women to the Supervisory Board “was voted” it says. And: “We have acted to honor and conscience.”

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