Bernd Pischetsrieder

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Bernd Pischetsrieder

Bernd Peter Pischetsrieder (born February 15, 1948 in Munich ) is a German manager . He from 1993 to 1999 BMW and from 2002 to 2006, the Volkswagen AG in Wolfsburg as CEO operates.

Life

Bernd Pischetsrieder studied mechanical engineering at the Technical University of Munich from 1968 to 1972 and started his first job as a production planner at BMW in 1973. His career at BMW took him to Pretoria in 1982 as Head of Production at BMW South Africa . He stayed here until 1987 and then returned to the corporate headquarters in Munich, where he was appointed to the executive board in 1991 and took over as chairman in 1993. Pischetsrieder became known primarily through the 1994 purchase of the British Rover Group Holdings Ltd. by BMW. However, the takeover did not bring the desired success, so that the brands Rover , MG and Land Rover were sold again. Only the Mini turned out to be a stroke of luck.

At the beginning of 1999 Pischetsrieder had to leave BMW and moved to the Volkswagen Group as Head of Seat . There he took over the post of CEO from Ferdinand Piëch in 2002 .

Pischetsrieder left the board of directors of the Wolfsburg-based car company on December 31, 2006. His successor was the previous chairman of the board of directors of the Volkswagen subsidiary Audi, Martin Winterkorn . Personal differences between Pischetsrieder and Piëch were named as the background for the “termination”. During his tenure, Pischetsrieder had increased the market value of VW AG by 80%, but revised many decisions made by his predecessor Piëch. As a result, Piëch saw the interests of the shareholder Porsche , of which he was a co-owner, increasingly endangered. Pischetsrieder lost his post against the vote of the supervisory board member and Prime Minister of Lower Saxony (who owns 20.00% of VW ordinary shares ) Christian Wulff . Winterkorn's successor was a confidante of Piëch. Pischetsrieder was an employee of Volkswagen AG until 2012.

Since January 1, 2013, Pischetsrieder has been Chairman of the Supervisory Board of the reinsurer Munich Re . He is also a member of the Board of Directors of the Wittelsbach Compensation Fund and a member of the Supervisory Board of Daimler AG .

McLaren F1 accident

In June 1995, the McLaren F1 from the BMW fleet, driven by Bernd Pischetsrieder, overturned several times on a country road on Lake Chiemsee. Pischetsrieder, his wife and one other inmate were slightly injured. The circumstances that led to the total loss of the 1.5 million mark car were never known to the public. By concealing the background of the accident, Pischetsrieder drew massive criticism.

Family relationship

Alec Issigonis , the designer of the Mini , is a second uncle of Bernd Pischetsrieder.

Awards

Web links

Commons : Bernd Pischetsrieder  - Collection of images, videos and audio files

Individual evidence

  1. ↑ Supervisory Board. In: Munich Re website . April 30, 2014, accessed November 7, 2014 .
  2. ^ Board of Directors of the Wittelsbach Compensation Fund. In: Website of the Wittelsbach Compensation Fund . Archived from the original on October 27, 2014 ; Retrieved November 7, 2014 .
  3. ↑ daimler.com ( Memento from December 9, 2014 in the web archive archive.today )
  4. ↑ Million-dollar toys "crumbly". BMW. In: Focus Online . June 3, 1995, accessed November 7, 2014 .
  5. ↑ Suspicious silence . In: Der Spiegel . No. 24 , 1995 ( online ).
  6. ↑ Corporate social responsibility in a globalized world. Lecture by Bernd Pischetsrieder. In: Website TU Munich . June 29, 2004, accessed November 19, 2014 .
  7. ↑ a b query response. (PDF; 6.9 MB) List of orders and decorations awarded for services to the Republic of Austria from 1952. Federal Chancellor Austria , April 23, 2012, accessed on November 7, 2014 .
personal data
SURNAME Pischetsrieder, Bernd
ALTERNATIVE NAMES Pischetsrieder, Bernd Peter (full name)
BRIEF DESCRIPTION German manager
DATE OF BIRTH February 15, 1948
PLACE OF BIRTH Munich