In the power struggle at Volkswagen Supervisory Board member Berthold Huber strengthens CEO Martin Winterkorn back. “We have worked with Mr. Winterkorn an excellent motorists and CEO, who has our full confidence,” said the former IG Metall Chairman SPIEGEL ONLINE.
Before that, the works council boss Bernd Osterloh and Lower Saxony Prime Minister Stephan Weil had put behind VW CEO Martin Winterkorn (SPD). “A public discussion of this kind is harmful to the company Volkswagen,” Weil said the “Hannover Allgemeine Zeitung”. In addition, Winterkorn was an ongoing contract, “and there is no need for action”.The reason for the solidarity messages had delivered on Friday with his public distancing from Winterkorn Ferdinand Piëch. SPIEGEL ONLINE Piëch had said about the currently applicable as his close associates Winterkorn: “. I am to distance Winterkorn” The 77-year-old chairman of the board wants to retire after his previous plans in two years, was previously thought of standing at the VW-peak since 2007. Winterkorn as heir apparent.
Volkswagen is majority owned by the Piëch and Porsche families. However, in the 20-member Supervisory they do not have a majority and are dependent as a major shareholder as to the support of the state of Lower Saxony. For its foray however Piëch also got the Porsche family no public support.
The communities should also literally unable to pay the highest price for the broken fence from the leadership crisis. Because the stock market reacted immediately. By the close of trading lost the VW Title 1.8 percent.
Correction: An earlier version of this article Berthold Huber was called IG Metall leader. He is no more since 2013. The CIO’s Detlef Wetzel. We apologize for the error.
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