Friday, May 1, 2015

Two women replace Piech at Volkswagen dome – Deutsche Welle Spanish

Two directives will enter the supervisory board of Volkswagen to replace the patriarch Ferdinand Piech and his wife, who resigned last Saturday to office amid a power struggle. This was announced today (04.30.2015) the German car giant. The powerful body control Europe’s largest carmaker retell well with its 20 members and also comply with the quota of 30 percent women in management positions in Germany demanded from 2016. The two new board members are Louise Kiesling, 57, designer and director of several companies, and Julia Kuhn-Piëch, lawyer for 34 years and as directors of the subsidiary MAN utility. Piech, 78 and grandson of the legendary creator of “Beetle” from Volkswagen Ferdinand Porsche, resigned as head of the supervisory board on Saturday with his wife, Ursula, also a member of the council, after two weeks of intrigues of power in the dome of the automaker. The patriarch himself, whose family controls 50.73 percent of shares in the company, internal crack opened in appearance “distanced” the CEO of Volkswagen, Martin Winterkorn. His comment was interpreted as a judgment Winterkorn, but surprisingly the Supervisory Board turned its back on Piëch and supported the successful CEO. A week later, Piëch and his wife announced his departure from the council. (Dpa)

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