Why have fugues fallen out of favor
VW autocrat, power strategist, Fugen-Ferdl
Me: Ferdinand Piëch's management philosophy consists of this one word. Whereby "management" in his case is to be understood as a contemporary interpretation of Machiavellianism. The prince as an autocrat. The Chairman of the Supervisory Board of Volkswagen and "Car Manager of the Century" is 77 years old. No reason to be lenient. This time, VW CEO Martin Winterkorn has fallen out of favor - like many top managers in Piëch's realm before. In the end they had to go. He stayed.
Creating and executing facts - that is the credo of Ferdinand Karl Piëch, who was born in Vienna on April 17, 1937. The father: lawyer. The mother Luise: the daughter of Ferdinand Porsche, the brilliant designer who built the Beetle for the people and tanks for Hitler. The grandfather "Burli" grew into the pillar saint of a career that led the gifted (and dyslexic) to Uncle Ferry - and thus to Porsche in Stuttgart - after attending a Swiss lyceum and studying mechanical engineering at the ETH Zurich.
In 1972 the technician went to Audi and, thanks to the development of the Quattro all-wheel drive, expanded the Bied brand into a premium aspirant. Innovation is one mainspring, a compulsive quality requirement the other: His penchant for body gaps earned him the nickname "Fugen-Ferdl". When Piëch took over at the helm of VW in 1993, he prescribed the stubborn group to take a drastic cure, including a controversial cost-cutting program. There is still time for innovation: the one-liter car was and is the obsession of the visionary technician. At the same time, he gives the good VW people a vendor's tray made of luxury brands (Bentley, Lamborghini, Bugatti). When "the old man", Piëch's nickname in Wolfsburg, took over at the head of the supervisory board in 2002, Volkswagen was a global multi-brand group, in which the patriarch continued to govern the operational business even after his departure.
Piëch secured his life's work by heaving his wife Ursula onto the supervisory boards of VW and Audi. Piëch has been married to the woman from Braunau since 1984, and they have three children. Nine children are assigned to three other relationships. The resident of Salzburg also has time for a hobby: sailing. The billionaire's passion, however, is to maintain power. When rumors of a resignation were circulating two years ago, he announced that he would find the culprit. "I won't guillotine until I'm sure who it was." (Stefan Schlögl, DER STANDARD, April 14, 2015)
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