Ferdinand Piëch had apparently gambled away by the power struggle for Volkswagen tip the confidence – and has to retire after years as chief overseer. The 78 year old VW Patriarch met on Saturday with immediate effect from his inspector post back. Also Piëch’s wife Ursula gives her mandate from on the supervisory body. With Piëch’s resignation, the Group is facing a new era. The former IG Metall Chairman Berthold Huber takes the Supervisory Board acting as chairman.
The Bureau of the VW supervisory board said in connection with the Piëch’s resignation on Saturday of a broken relationship: “The members of the Bureau have jointly determined that in light of the past few weeks that is necessary for a successful collaboration mutual trust no longer exists,” it said in the rather unusually frank explanation. Similarly, significant words used Prime Minister of Lower Stephan Weil, for the VW shareholders took place in Hannover: “The discussion of the past two weeks have been harmful to Volkswagen There was a flurry of personnel debates The Bureau therefore had to create the necessary clarity…”
acting at the top: Berthold Huber from IG Metall
Huber by Weil’s words, “the express shareholder support “. The state of Lower Saxony is the second largest shareholder in Volkswagen after the Porsche and Piëch families. Huber also spoke of a loss of trust between Piëch and the rest of the Bureau, “which has proven in the past few days as a non-detachable.”
Piëch was for many years as the most powerful man in VW. About 14 days ago, he had the internal struggle for the future of the group’s top publicly, saying the news magazine “Der Spiegel” that he was “at a distance” for Volkswagen CEO Martin Winterkorn. In order Piëch moved completely by surprise by his longtime professional foster son from.
If the Board Tax: Martin Winterkorn