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Friday, May 01, 2015
Piëch has perhaps reared the last time in the power struggle with Volkswagen. The powerful works council has distanced itself from the patriarch. For Lower Saxony Premier Because the capital is completed. The ratio would perhaps be better again sometime.
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Just in time for holiday weekend seems to want it VW patriarch Ferdinand Piech once again know what he thinks of the Group’s decision to take his nieces to the Supervisory Board, sounded he relevant channels equal in the entire nation also. The response should not have liked it.
The group ignored his major shareholder. The decision had nothing to add. The influential Volkswagen works council strengthened the board’s back. He assured the Dax Group New Supervisory Board Members full support. The until recently undisputed ruler of Volkswagen is thus increasingly derided the group.
“We welcome this step the Assembly and look forward to working with Mrs. Kiessling and wife Julia Kuhn Piech,” said a spokesman the works council. “Julia Kuhn-Piech know and we appreciate already from the cooperation with MAN Truck & Bus and the Salzach Privatstiftung.”
The next generation of the Supervisory Board
The world’s top automaker had previously informed the District Court of Braunschweig have the two women appointed at the request of the VW management board with immediate effect in the control panel. They are intended to replace the couple Ferdinand and Ursula Piëch.
In an interview with the “Bild” newspaper Piëch disagreed with the appointment of his two nieces. As it is, the Porsche grandchildren criticized the lack of expertise of its two relatives in the auto industry. Instead, the complainant proposed the former Linde-chief and current Conti supervisory board chairman Wolfgang Reitzle and the former Siemens manager Brigitte Ederer.
Lower Saxony Prime Minister Stephan Weil considers the struggle for power after the new appointments to the Supervisory Board now complete. “The decisions have been made, the register court Braunschweig has completed again after the resignation of Professor Piëch and his wife to the Supervisory Board”, the SPD politician also told the “Bild” newspaper.
Weil draws final stroke
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Internal discussions between the co-owner-Piëch and Porsche families, he declined to comment. It was important that the VW group “focused on the business,” despite the recent run of good quarterly results after the leadership debate in recent weeks, because the newspaper said.
He did not assume that there is a will give permanent damage for Volkswagen and the Group’s image. It he would, “if it were possible to arrive at a good factual relationship with Professor Piëch after a certain time”. For the future, the Volkswagen Group is well positioned.
“Volkswagen is a pearl of German industry” because said. This lie not least the fact that the company is investing more than 10 billion euros a year in the research and development divisions. This is also “a merit of Professor Winterkorn”.
Source: n-tv.de
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