Found inside – Page 32VW and Toyota Vying for Pole Position Engelbert Wimmer, Arun Muni ... such as Volkswagen, one-half of the supervisory board is elected by shareholders and ... Found inside – Page 806The third complaint, based on the right to appoint two representatives to Volkswagen's supervisory board [Text omitted] Findings of the Court 59. Found inside – Page 129Five of Volkswagen's six western German manufacturing plants are located there. Of Volkswagen's twenty supervisory board members, two are government ... Found inside – Page 222Ferdinand Piëch was chairman of the VW management board from 1993–2002, and then chairman of the supervisory board from 2002–15. The single-minded Piëch was ... Hon.-Prof. Dr. techn. Found inside – Page 253Pischetsrieder, BMW supervisory board chairman Eberhard von Kuenheim, ... Volkswagen supervisory board chairman Klaus Liesen, Lower Saxony premier Helmut ... The German company said on Tuesday that Diess had apologised to the 19-member board for making "inappropriate and wrong" statements at an internal event, without giving details. In November 2009, the Supervisory Board of Volkswagen AG approved the acquisition of assets of Karmann, and planned to restart vehicle production at their Osnabrück plant in 2012. Diess, who has come under fire after Volkswagen struggled to manage the launch of its next-generation flagship […] Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen AG, will chair the Supervisory Board. The Supervisory Board further concluded that Rupert Stadler breached his duties of care by failing, in the period from 21 September 2016 on, to ensure that 3.0l and 4.2l V-TDI diesel engines developed by AUDI that had been installed in EU vehicles of Volkswagen, AUDI and Porsche were investigated with regard to unlawful software functions. The meeting, at which the sources said the board could decide in … The company is headquartered in Gruenwald, Germany. Volkswagen CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press. Honorary Chairman of the Supervisory Board of Volkswagen AG (since May 3, 2006) DR. HUSSAIN ALI AL-ABDULLA (58) Minister of State and Board Member of Qatar Investment Authority April 22, 2010* Appointments: Al Ryan Investment, Doha (Chairman) Gulf Investment Corporation, Safat/Kuwait; Kirnaf Finance, Riad (Chairman) Masraf Al Rayan, Doha (Chairman) Member, Supervisory Board at Volkswagen AG. The Supervisory Board of Volkswagen AG has reached an agreement with the former Chairman of the Board of Management, Prof. Martin Winterkorn, on compensation in excess of ten million euros in connection with the diesel issue. Last September, CEO Herbert Diess and supervisory board … Volkswagen, the highest-ranking automaker in this year's list, has had a turbulent year. The firm specializes in sports cars, SUVs and sedans. Volkswagen “guarantees jobs for over half the supervisory board. Mr. Christian Klingler, member of the Board of Management of Volkswagen AG with responsibility for Sales and Marketing, stepped down with effect from September 25, 2015. Volkswagen CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press. Found inside – Page 138He was still the chairman of VW's supervisory board, but the more shares in VW that Porsche acquired, the stronger was the Stuttgart executives' influence ... Found inside – Page 138There is a supervisory board at VW. Its monitoring did not get in the way of VW managers cheating environmental regulations. In discussing the role of ... Found inside – Page 142Volkswagen had a supervisory board with some 20 members during the relevant period. Notes 1 Elson, C. M., Ferrere, C., & Goossen, N. J. (2015). [27] In December 2009, Volkswagen AG bought a 49.9% stake in Dr. Ing. Poor Boardroom Governance at the Heart of the Volkswagen Scandal. ZISLOW, Germany (Reuters) – Volkswagen’s supervisory board will discuss on Friday whether to extend the contract of Chief Executive Herbert Diess, two people familiar with the matter told Reuters. Today, IOTA has announced that Johann Jungwirth, chief digital officer at Volkswagen, has joined the supervisory board of the IOTA Foundation. The Supervisory Board of Volkswagen AG appointed Oliver Blume as a Member of the Board of Management of Volkswagen AG effective April 13, 2018. Co-Managing Director at Porsche GmbH (Germany) Porsche GmbH manufactures sports cars. During its meeting today, the Supervisory Board of Volkswagen AG dealt extensively with the Together 2025+ strategy and, in connection with this, a realignment of personnel. Bachelor Thesis from the year 2017 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, University of Cumbria, language: English, abstract: The purpose of this research is to examine the crisis ... Found inside – Page 164Since my days as finance and economics minister in Lower Saxony, I had been a member of the Volkswagen supervisory board, first representing the state of ... Torsten Bechstädt. Volkswagen CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press. Volkswagen’s Supervisory Board is comprised of an equal number of shareholder and employee representatives. If you own a VW, Audi, Seat or Skoda Car, or for that matter, a television or a newspaper, you will be well aware of the latest international corporate wrongdoing: the Volkswagen Scandal.. Appointments: as of December 31, 2019 or the leaving date from the Supervisory Board of Volkswagen AG. VW Supervisory Board: Heads Will Continue to Roll. The Supervisory Board appoints, monitors and advises the Board of Management; it is consulted directly on decisions that are of fundamental significance for the Company. Coordinate and prepare presentation material for Supervisory Board Meetings ; Interaction with the North American Region & the Volkswagen Americas Group Stakeholders ; Market Research The supervisory board of Volkswagen AG additionally transferred responsibility for IT to Mr. Witter with effect from April 2018. Although Volkswagen’s supervisory board does not include any current management, the chairmanship appears to be a revolving door of former senior executives. Volkswagen announced today that the Supervisory Board and Board of Management approved the plan to build a battery plant in Lower Saxony (Salzgitter), Germany.. Found insideThis finding is not affected by the presence, among Volkswagen's ... the right to appoint two representatives to Volkswagen's supervisory board >l<>l<>l< 59 ... A corresponding agreement has been negotiated by Volkswagen AG and Porsche Automobil Holding SE, as well as the Porsche and Piëch family shareholders and the employee … Found inside – Page 229For comparison, VW's annual profit in the last year before the scandal (2014) was ... Like Winterkorn, Neumann (VW's Supervisory Board's member for Human ... It works together closely with the Management Board in a cooperative relationship of trust and for the benefit of the company. Volkswagen Chief Executive Herbert Diess may lose responsibility for managing the company's core VW brand at an extraordinary supervisory board meeting due to be held on Monday, sources familiar with the matter told Reuters. The other shareholder representatives on the board have grounds of complain because they buy shares which is represent part of ownership of the company and representative of other shareholder. HANS DIETER PÖTSCH (65) (Chairman; since October 7, 2015) Chairman of the Executive Board and Chief Financial Officer of Porsche Automobil Holding SE. Volkswagen AG ’s supervisory board is proposing to investors to extend the contract of Chairman Hans Dieter Poetsch and board member Louise Kiesling for … Hanover, December 13, 2016. h.c. Dipl.-Ing. Wolfgang Porsche, Chairman of the Supervisory Board of Porsche Automobil Holding SE Chairman of the Supervisory Board of Dr. Ing. h. c. F. Porsche AG. Dr. Wolfgang Porsche has been a member of the Supervisory Board of Volkswagen AG since April 24, 2008. Porsche was born in Stuttgart, Germany, on May 10, 1943. ZISLOW, Germany -- Volkswagen's supervisory board will discuss on Friday whether to extend the contract of CEO Herbert Diess, two people familiar with the matter told Reuters. In contrast to a conventional English system, where one board is responsible for both management and monitoring of a business, Volkswagen adopts a two-tier corporate structure, consisting of two independent boards working together to govern the firm. The dual boards are comprised of both a Management Board and Supervisory Board. ETH Ferdinand K. Piëch (Chairman) Siemens AG, Munich (Deputy Chairman) DR. JUR. Found inside – Page 660Management Board : Karl Nagel ( Manager ) , Dipl - Betriebsw Günter Ramge ( Manager ) Senior Executives : Dr Thomas Hain ... EUR'000 EUR'000 Sales turnover 78,000 72,000 Share capital 36,813 36,813 06489 VOLKSWAGEN LEASING GMBH Address : Gifhorner ... Website : www.wwleasing.de Supervisory Board : Lothar Sander ( Vorsitzender ) Management Board : Dr Hans - Peter Lützenkirchen ... Dr. Herbert Diess will stay at the helm of the Volkswagen Group until October 2025. ZISLOW, Germany (Reuters) – Volkswagen’s supervisory board will discuss on Friday whether to extend the contract of Chief Executive Herbert Diess, two people familiar with the matter told Reuters. Found inside – Page 89The Volkswagen Group (VWAG), founded in 1937 with headquarters in Wolfsburg, Lower Saxony ... The supervisory board not only appoints the management board, ... Diess, who has come under fire after Volkswagen struggled to manage the launch of its next-generation flagship […] Family Members. FRANKFURT — Volkswagen’s supervisory board will discuss the leadership of the company’s core VW brand at an extraordinary meeting due to be held on Monday,… Article content. Volkswagen Pension Trust e.V., Wolfsburg; THOMAS ZWIEBLER (47) Chairman of the Works Council Volkswagen Commercial Vehicles May 15, 2010* COMMITTEES OF THE SUPERVISORY BOARD As of December 31, 2012. By Mark Stevenson on September 23, 2015. Volkswagen Immobilien GmbH, Wolfsburg ; Volkswagen Pension Trust e.V., Wolfsburg ; THOMAS ZWIEBLER (46) Chairman of the Works Council Volkswagen Commercial Vehicles May 15, 2010* COMMITTEES OF THE SUPERVISORY BOARD As of December 31, 2011. Found inside – Page 147In addition to being the Chairman of VW's Supervisory Board, Piech formerly had served as VW's Chairman, and remained an influential shareholder. Found inside – Page 58Along with Leiding's blunt and sometimes seemingly deliberately antagonistic style, this proved too much for Volkswagen's supervisory board. FRANKFURT: Volkswagen CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press. ... Lego Volkswagen T2 Camper Van Will Be on Sale August 1. At today’s meeting, the Supervisory Board of Continental AG, Hanover, extended the contract of member of the Executive Board Dr. Ariane Reinhart, who is responsible for HR and Director of Labor Relations, by another five years up to September 2022. Found insideIn 2008, employee representatives on Volkswagen's supervisory board, who feared that a Porsche takeover would dilute their influence, proposed creation of a ... Found inside – Page 79However, the Aufsichtsrat, VW's supervisory board, had approved funds only for assembly, and a year later the company clarified that it would build an ... Ferdinand Piëch, the chair during the scandal, was CEO for nine years prior to becoming chair in 2002. 07/29/2021. Browse 4,449 supervisory boards stock photos and images available, or start a new search to explore more stock photos and images. The Chairman of the Board of Management and his new Board of Management team have the Supervisory Board’s full support not only when it comes to the new orientation towards electromobility and digitalisation, but also the increase of efficiency and profitability in all brands and parts of the Group. In Volkswagen’s case, these objectives have been effectively circumvented. Found inside – Page 141management board, and for enforcing liability claims of the company against the management board.184 German supervisory boards further set the remuneration ... Volkswagen AG on Friday said that Chief Executive Officer Herbert Diess will stay at the helm of the group until October 2025. Found inside – Page 30In 2008, the former head of VW's supervisory board received a jail term of 2 years and 9 months for his role in giving illegal privileges to employee ... Found inside – Page 214He was elected as chairperson of Volkswagen's supervisory board irrespective of the fact that he had formerly been the chairperson of its management board. Members of the Presidium. On this front, the Supervisory Board released the following statement: “Herbert Diess has had a major impact on Volkswagen since 2015. Mr. Järvklo had been a member of the Supervisory Board since November 22, 2015. By Ilona Wissenbach and Edward Taylor FRANKFURT (Reuters) – Volkswagen CEO Herbert Diess has apologised to the carmaker’s supervisory board after accusing some of its members of leaking confidential information to the press. VW's … Chairman of the Supervisory Board of Volkswagen AG: Nora Leser Trade Union Secretary of IG Metall – Administration Office Stuttgart: Hiltrud Werner Member of the Board of Management of Volkswagen AG Integrity and Legal division: Knut Lofski Chairman of the Works Council Porsche Leipzig April 22, 2010*. ... "VW's supervisory board … Volkswagen on Thursday moved to quash rumours that Chief Executive Herbert Diess had been sidelined by issuing an unsolicited declaration of support, following clashes with the company's labour leaders who resisted plans for deeper cuts. Members of the Supervisory Board and Board of Management. Wolfsburg/Braunschweig, July 22, 2015 – Volkswagen Truck & Bus GmbH, the holding bringing together Volkswagen AG's truck and bus business, has formed a Supervisory Board composed on a parity basis.Prof. He holds a PhD in mechanical engineering and has been with the Volkswagen Group since 1994. Volkswagen AG rose the most in seven months after its supervisory board resolved a weeks-long conflict between its chief executive officer and key stakeholders, giving Herbert Diess a … Wolfgang Porsche. Found insideAs a result, Neubürger committed suicide.28 In the ongoing Volkwagen diesel scandal, the Volkswagen supervisory board was reported to be examining civil ... Diess, who has come under fire after Volkswagen struggled to manage the launch of its next-generation flagship VW Golf, will remain chief … Found inside – Page 207... Volkswagen workers ' representatives refused to allow layoffs or make any wage concessions.61 The head of Volkswagen's supervisory board Ferdinand Piech ... Found insideVW's supervisory board chairman, Ferdinand Pi ̈ech, was a member of the family that controls Porsche, which had become something of a corporate governance ... Found inside – Page 29Volkswagen ‹ In July 2005, Peter Hartz, VW's personnel director and a ... used to attempt to influence worker representatives on VW's supervisory board, by, ... Volkswagen CEO Herbert Diess has apologized to the carmaker’s supervisory board after accusing some of its members of leaking confidential information to the press. Found inside – Page 162VW's supervisory board chairman, Ferdinand Piëch, was a member of the family that controls Porsche, which had become something of a corporate governance ... Additionally, Porsche AG’s employee representatives will be able to participate in the elections to Volkswagen AG’s Supervisory Board following the merger. [27] In December 2009, Volkswagen AG bought a 49.9% stake in Dr. Ing. Mr. Johan Järvklo, Secretary-General of the European and Global Group Works Council of Volkswagen AG, stepped down from his post on the Supervisory Board of Volkswagen AG effective May 29, 2020. Found inside – Page 122... car manufacturer Volkswagen (VW) SE (case C-112/2005) was more complex31. ... members of VW's supervisory board to the Government and to Lower Saxony. supervisory board will discuss the leadership of the company's core VW brand at an extraordinary meeting due to be held on Monday, sources familiar with the discussions told Reuters. Honorary Chairman of the Supervisory Board of Volkswagen AG (since May 3, 2006) DR. HUSSAIN ALI AL-ABDULLA (57) Board Member of Qatar Investment Authority and Board Member of Qatar Holding LLC. Family Member. Volkswagen secures $21.7M in executive clawbacks for Dieselgate roles. FRANKFURT (Reuters) - Volkswagen (DE: VOWG_p) CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press. What management, the government and the unions all want is full employment, and the more jobs, the better. FRANKFURT (Reuters) - Volkswagen's. Exclusive: Volkswagen supervisory board to discuss VW brand leadership – sources. FRANKFURT (Reuters) – Volkswagen’s supervisory board will discuss the leadership of the company’s core VW brand at an extraordinary meeting due to be held on Monday, sources familiar with the discussions told Reuters. At its extraordinary meeting today, Volkswagen Aktiengesellschaft’s Supervisory Board approved the comprehensive agreement to create an integrated automotive group with Porsche led by Volkswagen. Planning, coordination, tracking action items & follow-up at Weekly Management Board Meetings ; VGCA Supervisory Board Management. It has emerged that Volkswagen rigged emissions software to get its diesel cars to pass strict emission tests. The German car maker said its supervisory board approved a … FRANKFURT (Reuters) - Volkswagen (DE: VOWG_p) CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press. Mr. Christian Klingler, member of the Board of Management of Volkswagen AG with responsibility for Sales and Marketing, stepped down with effect from September 25, 2015. Found inside – Page 92Board of Directors At the end of 2005, CDU politician Christian Wulff, who represented the VW Supervisory Board's principal shareholder, Lower Saxony, ... In November 2009, the Supervisory Board of Volkswagen AG approved the acquisition of assets of Karmann, and planned to restart vehicle production at their Osnabrück plant in 2012. Volkswagen AG’s Board of Management is the ultimate body responsible for managing the Group. Found inside – Page 25Member of the Supervisory Board Management of Commerzbank AG J. P. Hottinguer. ... Supervisory Board; Chairman of the Board of Management of Volkswagen AG ... Found inside – Page 53Corporate governance in action 2.7 Volkswagen's supervisory board German company Volkswagen, Europe's largest car-maker, had a supervisory board. The students have visited the lecture "Corporate Management" "Strategic Management" and "Corporate Governance".In this book Case studies from four different companies will be presented. Volkswagen's labour bosses, who control half the seats on the carmaker's supervisory board, are likely to oppose a contract extension for Diess, plunging it into crisis. Volkswagen’s supervisory board announced agreements to recover €17.8 million (U.S. $21.7 million) in compensation from former executives and board members for their respective roles in the Dieselgate emissions scandal. Diess, who has come under fire after Volkswagen struggled to manage the launch of its next-generation flagship VW Golf, will remain chief executive of … Found insideThe case of Volkswagen (VW) shows how a rift between the chair and CEO can result ... VW's executive committee (as well as supervisory board member Wolfgang ... BMW Group Plant Spartanburg doubles battery production capacity 25.07.2019: - Investment of around ten million US dollars in production of fourth-generation batteries - … "The most important message is that the supervisory board and executive committee ... are in complete agreement that our CEO Herbert … Volkswagen's decision to nominate a long-serving executive as chairman has thrown more scrutiny on the carmaker's corporate governance and culture, the FT reports. Found inside – Page 89The Volkswagen board used its regular public accounting company. ... which retain 40 percent of the shares and seats on the supervisory board, ... Found inside – Page 73Nervous laughter followed . vw supervisory board Chairman Ferdinand K. Piëch , known for his bad temper and for insisting that VW have global model names , was certain to disapprove . But vw's U.S. chief , Adrian M. Hallmark , bought in ... •Supervisory Board sees this as basis for future growth •New service contract for Dr. Diess with term until October 2025. 1970s: Man mounting magnetic tape on tape transport, supervisory console in front, high speed line printers on side. By Ilona Wissenbach and Edward Taylor FRANKFURT (Reuters) – Volkswagen CEO Herbert Diess has apologised to the carmaker’s supervisory board after accusing some of its members of leaking confidential information to the press. Volkswagen AG consists of 20 members, half of whom are shareholder representatives. The German company said on Tuesday that Diess had apologised to the 19-member board for making “inappropriate and wrong” … The German company said on Tuesday that Diess had apologised to the 19-member board for making "inappropriate and wrong" statements at an internal event, without giving details. The Supervisory Board of Volkswagen AG appointed Mr. Matthias Müller as the new Chairman of the Board of Management of Volkswagen AG with effect from September 26, 2015. Reuters reported on Thursday that Volkswagen’s supervisory board was discussing a two-year extension to Diess’ contract, which would have expired in … The Board unanimously resolved to give its full support to the strategy, in particular the orientation of the company towards electromobility and digitalisation. In a press release dated March 26, 2021, the Volkswagen Supervisory Board declared that an extensive review of what went wrong has been … Members of the Executive Committee. Found inside – Page 144VW has a governance system, where the Supervisory Board8 is different from North American boards of directors. How is it different from North American ... FRANKFURT (Reuters) – Volkswagen Chief Executive Herbert Diess may lose responsibility for managing the company’s core VW brand at an extraordinary supervisory board meeting due to be held on Monday, sources familiar with the matter told Reuters. Found inside – Page 80Among the impeached members of the Mannesmann supervisory board that had ... funds for corrupting labour representatives at Volkswagen was disclosed. Volkswagen's supervisory board will discuss on Friday whether to extend the contract of Chief Executive Herbert Diess, two people familiar with … On 13 August, Volkswagen Aktiengesellschaft's Supervisory Board signed the agreement to create an integrated automotive group with Porsche led by Volkswagen. Found inside – Page 53... 2.8 Volkswagen's supervisory board German company Volkswagen, Europe's largest carmaker, had a supervisory board. Institutional investors demanded that ... h.c. Dipl.-Ing. The Supervisory Board of Volkswagen AG appointed Mr. Matthias Müller as the new Chairman of the Board of Management of Volkswagen AG with effect from September 26, 2015. Found inside – Page 346The Supervisory Board of Volkswagen AG comprises twenty members and conforms to the German Co-determination Act. Half of the overall twenty members of the ... Found inside... Europe strategy meetings began—by VW Supervisory Board Chairman Liesen. Lopez would have at VW the power to realize the grand dream that had foundered ... Found insideLower Saxony and the IGMetall union also had strong representation on Volkswagen's supervisory board, where costreduction strategies would beopenly ... The Supervisory Board of BMW AG is currently meeting at the plant location in Spartanburg, South Carolina, USA, to discuss current business developments in the US market as well as production at the biggest plant in the global production network of the BMW Group. Union Investment said it would also vote against re-election of supervisory board members Hans Dieter Poetsch and Louise Kiesling. Volkswagen’s proven management model will enable all potential synergies to be realized quickly. Found inside – Page 1166Volkswagen's supervisory board and labor representatives vehemently resisted this idea because of the company's $310 million loss the same year and the ... Volkswagen Chief Executive Herbert Diess may lose responsibility for managing the company's core VW brand at an extraordinary supervisory board meeting due to be held on Monday, sources familiar with the matter told Reuters. Appointments: as of December 31, 2016 or the leaving date from the Supervisory Board of Volkswagen AG. The following applies to members of the Supervisory Board of Volkswagen AG with retroactive effect from January 1, 2017: Members of the Supervisory Board receive fixed remuneration of €100,000 per fiscal year. Volkswagen AG’s Board of Management is the ultimate body responsible for managing the Group. In view of the purpose of the Company, its size and the extent of its international activities, the Supervisory Board of Volkswagen AG strives to take the following criteria into account in its composition: At least three members of the Supervisory Board should be persons who embody in particular the characteristic of internationality. Found inside – Page 341But when VW do Brasil's Human Relations Department dismissed more than 100 ... on the Volkswagen supervisory board forced Schmücker to act.54 At this point, ... Volkswagen CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press. Members of the supervisory board include the Porsche and Piëch families (5 seats), the State of Lower Saxony (2 seats), and Qatar Investment Holdings (2 seats). Found inside – Page 9As chairman of the Volkswagen supervisory board, Ferdinand Piëch had in the past undermined management board decisions by seeking the endorsement of the ... Found insideThe employee representatives on the supervisory board are not necessarily ... In 2005, the head of VW's works council and member of the VW supervisory board ... The Supervisory Board of Volkswagen AG has elected Daniela Cavallo to serve on its Executive Committee, following her appointment as a member of the Supervisory Board by the competent local court effective May 11, 2021. Volkswagen pledged to continue talks among its key stakeholders on Wednesday following a meeting of the company’s supervisory board, as … Found inside – Page 4The Board of Management provided the Supervisory Board with comprehensive regular reports about the situation of the ... Dr. Hahn assumed the chairmanship in January 1982 and over the next eleven years turned Volkswagen into Europe's ... Effective February 14, 2018, the Braunschweig Registry Court temporarily appointed Ms. Marianne Heiß as a member of the Supervisory Board until the end of the Annual General Meeting on May 3, 2018. Found inside – Page 1-145... in an increasingly complex environment , it has been rumored that VW's supervisory and management boards were often split on major strategic issues . Blume was born June 6, 1968 in Brunswick. Volkswagen CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press. Found inside – Page 88Traditionally, government and labor representatives on Volkswagen's Supervisory Board (Aufsichat) were politically aligned in contested decisions. Tweet. On Friday, the Supervisory Board of Volkswagen AG approved a new service contract with a corresponding term. Found insideThe changing VW executives Hans Dieter Pötsch succeeded Ferdinand Piëch as Chairman of the Volkswagen supervisory board in 2015. Pötsch was the CFO at VW ... October 7, 2015 1. Volkswagen was left with two vacancies on its supervisory board after Ferdinand Piëch and his wife Ursula were forced out a few days ago, and … KLAUS LIESEN (83) July 2, 1987 – May 3, 2006*. The Supervisory Board of Deutsche Bank AG appoints, supervises and advises the Management Board and is directly involved in decisions of fundamental importance to the bank. The Supervisory Board appoints, monitors and advises the Board of Management; it is consulted directly on decisions that are of fundamental significance for the Company. Hon.-Prof. Dr. techn. Volkswagen CEO Herbert Diess has apologised to the carmaker's supervisory board after accusing some of its members of leaking confidential information to the press. 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