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A bang at VW: CEO Diess in front of the exit - the supervisory board takes a violent step

2021-11-04T11:37:14.188Z


The tense situation in the VW management level continues to worsen. Now the supervisory board CEO Diess has expressed his distrust.


The tense situation in the VW management level continues to worsen.

Now the supervisory board CEO Diess has expressed his distrust.

Wolfsburg - The internal conflict at Volkswagen * is getting worse.

Now the representatives of the employee side on the supervisory board have expressed their distrust of the controversial CEO Herbert Diess *.

This is confirmed by several sources in the supervisory body and in the company, the

Handelsblatt

.

In the preliminary discussion of the supervisory board, the employees' side raised their hardest gun against Diess.

The CEO keeps making headlines.

Just recently he threw a 30,000 job cut in the room at a VW board meeting.

Later he turned down the invitation of works council chairman Daniela Cavallo to attend the works meeting.

Cavallo was outraged and spoke of unprecedented behavior in the company's history.

VW: Diess appears at the works meeting

Confidence was withdrawn at the meeting of the supervisory boards.

The meeting probably also motivated Diess to come to the works meeting on Thursday (November 4th).

But the supervisory board now also seems to have its doubts about Diess.

The mediation committee should now clarify how things will go on with the VW board.

The committee should find a solution by the next supervisory board meeting, which could take place at the end of November or beginning of December.

Until then, Diess' future in the group is uncertain.

VW: Group is blocked until the decision of the mediation committee

The latest developments in the VW executive suite are also having an impact on business.

From VW circles it is said: "The company is blocked," writes the

Handelsblatt.

Decisions about investments that are planned but not yet approved are suspended for the time being.

How things will continue and whether there could be a compromise will be decided by the chairman of the supervisory board, Hans Dieter Pötsch, Lower Saxony's Prime Minister Stephan Weil, IG Metall boss Jörg Hofmann and the works council chief Daniela Cavallo.

They are the members of the mediation committee.

(ph) * Merkur.de is an offer from IPPEN.MEDIA

Source: merkur

All news articles on 2021-11-04

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