Martin Winterkorn, wrote the “manager magazin” a few years ago, the luck came in the form of Ferdinand Piëch. More than 30 years Piëch had brought the young manager of Bosch Audi, now Winterkorn is at the head of Volkswagen and is rewarded with the highest content of all DAX board members. Above him is as chairman of the board but still. Piëch
And now the good fortune seems to him to leave.
For years, seemed no sheet between the two men to fit, they discussed to second and seemed to trust unconditionally. Winterkorn’s path is mapped out, it said in observers: By 2018, he remains CEO if the austerity program works, it could possibly slightly earlier passed to a younger generation. Piëch his mandate would meet until 2017, it was always said, then he will probably resign as chairman of the board. Successor, which seemed clear winter grain should be
Now That says no more
The end of the trust relationship rang Ferdinand Piëch a with one of his typical brief sentences. “I am to distance Winterkorn, “said the VW patriarch SPIEGEL. And served his foster son so to speak from a distance from. Piëch sentences of this type are legendary. “At present, still brushing the ‘you’.” In 2009, in the takeover battle with Porsche, Piech said when asked whether the former Porsche CEO Wendelin Wiedeking enjoy his confidence.
His successor in the management team, Bernd Pischetsrieder, Piech served from a similar manner: When asked to extend the contract of the VW boss Piëch just smiled and said nothing – while Pischetsrieder was sitting next to him.
A little later he answered it: On the Supervisory Board was the proportion of votes ten to ten, he said in the spring of 2006, the “Wall Street Journal”. The ten employee representatives were against Pischetsrieder. And he knew no German company where someone survive at the top of this has ten votes against it. Nine months later was Pischetsrieder history.
A technology-obsessed engineer and his life’s work
Piëch, of the 77-year-old grandson of the legendary car designer Ferdinand Porsche, sees VW as his life’s work, on which he wants to determine until the end. What was once a takeover candidate, he formed a global corporation. Ferdinand Piëch Karl, his full name, was himself 1993-2002 CEO and supervises the company since then as chairman of the board.
Following positions at Porsche and Piëch Audi came to Wolfsburg – and he is someone who can screw together a motor. Piëch graduated in 1962 with a thesis on Formula 1 engines as a graduate engineer. The machine builder is considered in engineering and keen on quality. Privately, he likes to sail, deals with Far Eastern culture and Japanese ethics.
at the end of the victorious battle against Porsche for VW Piëch was considered to be the one who could hold together the entire PS empire. People who know Piëch well describe him as one who sometimes struggles with the aura of power people. He was not that how the media drafted him, he said, so many.Management Motto: One of the top guides everything
In public, he appears mostly accompanied by his wife, Ursula, called Uschi, with whom he has three children. Just in time he caught up with her in the VW supervisory board, as well as in the VW-Audi returns pearl. But his successor is not intended to compete. The value judgment is only in 2017, “just before my departure,” Piech told SPIEGEL. However, he added: The candidates are already in the company. The Patriarch has probably already decided but the future of VW – but retains his plan yet for itself
Porsche and Piëch families are major shareholders of Volkswagen, they control more than half of the VW ordinary shares.. About the recipe for successful corporate management Piech says in his autobiography: “The idea of a höchstkarätigen internal team of five to ten people, their interaction, in turn draws only one individual in detail, has not left me a lifetime.” However, this strong focus on individuals who put it in the tandem Winterkorn Piëch, is highly controversial.
In recent times, also shot VW internal debates about the recipe for success for leading the auto empire. VW had to make structures reinforced questioned said VW works council boss Bernd Osterloh. Not everything can be controlled from Wolfsburg.
What comes after the era Piëch, has been one of the hot topics in the automotive world – after the dismantling Winterkorn’s the answer to this question is more uncertain than ever.
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