VW power struggle: a bang is brewing - bosses will probably decide in a special session about Diess's future

VW boss Herbert Diess wants to extend his contract early.

The supervisory board has been fighting for weeks.

A special meeting should now decide.

• VW CEO Herbert Diess

  apparently insists on

  extending his contract

  .

• The

  Supervisory Board moved the

  corresponding

  meeting

  one day forward.

• The

  retirement of the 62-year-old

  is not excluded if the extension is rejected.

Wolfsburg - Has

VW boss Herbert Diess put

himself under unnecessary pressure?

The former BMW manager is calling for an

early contract extension

.

The automobile giant does not contradict corresponding reports.

Diess' contract

runs until April 2023. Why he apparently wants to get things done now remains his secret.

Volkswagen: Supervisory Board brings important meeting forward - Herbert Diess' future on the brink?

Some had already expected the big bang last week.

Allegedly, the

supervisory board is at least irritated by the research

.

At a first meeting at the beginning of last week, however, he did not lower his thumb over board boss Diess.

Not yet?

The

supervisory board meeting at VW

planned for Thursday

has now been brought

forward

to

Wednesday evening

, as it became known from those around the supervisory body.

The focus should be on

personnel

issues, but not the future of the CEO.

VW: Diess apparently insists on extension - does he pull the rip cord otherwise?

But Herbert Diess sees the

contract extension as a vote of confidence

, they say.

As

Handelsblatt

and the “

manager magazin

” report unanimously, insiders

do not

assume that he will receive the desired extension.

It cannot be ruled out that the

outcome of the vote will have

direct consequences.

"Encrusted structures": VW boss Diess wants to change the group - backing thanks to a long contract?

Diess

recently dubbed

the

structures in the VW group

on LinkedIn

as “crusty and complicated”

.

Experts suspect that he wanted to

create security

with the

early extension

to reduce the

unpopular co-determination of the influential

works council

.

Diess himself writes that he wants to break up these “encrusted structures” and change

the system

.

In some cases he has already succeeded, "

but not yet

at our

corporate headquarters in Wolfsburg

."

By insisting on his working paper, Diess is putting his standing at risk.

As early as the summer, he wanted to

crank

up his

contract extension

.

And stumbled upon this desire.

In the second attempt, if the supervisory board refuses, he is unlikely to come out of the matter unscathed.

In difficult Corona * times, it is unlikely that the top of the

group will

be able to put the

career of an individual

under the magnifying glass.