Carlos Wetzell

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Carlos Wetzell (born January 2, 1890 in Córdoba (Argentina) , † February 15, 1973 in Berlin ) was a German lawyer and industrial manager .

Life

After graduating from high school in Berlin-Friedenau, Carlos Wetzell studied law at the universities of Freiburg, Bonn, Marburg and Jena. In 1909 he became active in the Corps Rhenania Bonn and in the Corps Hasso-Nassovia . In 1912 he passed the first state examination in Jena and was awarded a Dr. iur. PhD. After serving as a one-year volunteer with the Cuirassier Regiment “von Seydlitz” (Magdeburgisches) No. 7 in Halberstadt, he took part in the First World War as an officer, first with the Reserve Uhlan Regiment 3, later as a regimental adjutant and with the General Staff . After the end of the war he completed his legal clerkship and passed the assessor examination in 1921. Afterwards he was assistant judge in Potsdam and Berlin for a short time.

In October 1921, Wetzell resigned from the civil service and started working as a legal employee at the Rheinische Stahlwerke in Duisburg-Meiderich . In 1922 he changed as managing director to CAF Kahlbaum AG in Berlin-Adlershof , which merged in 1927 with the chemical factory on Actien (formerly E. Schering ) to form Schering-Kahlbaum AG . In May 1933, Wetzell was appointed a full board member of this stock corporation.

Due to his legal experience in company sales and takeovers as well as his excellent contacts in government circles, Julius Petschek's community of heirs brought him to the board of Werschen-Weißenfelser Braunkohlen AG and Anhaltischen Kohlenwerke in the summer of 1937 . Shortly after starting his new job, he played a key role in the takeover of these two largest mining companies in the Central German lignite mining area by the Flick Group . Julius Petschek's heirs first negotiated with IG Farben and Wintershall Holding , represented by August Rosterg and Günther Quandt, about the sale of their 67 percent stake in Anhaltischen Kohlenwerke and their 88 percent in Werschen-Weißenfelser Braunkohlen AG . Other interested parties were Peter Klöckner and Hermann Röchling . The initiative to contact Friedrich Flick came from Carlos Wetzell.

At that time, Wetzell maintained close contacts with the new rulers in Germany. Among other things, he was good friends with Herbert Göring , Hermann Göring's cousin . Wetzell was described by his long-time colleague Robert Tillmanns as “a man in need of recognition, with an outward appearance and a sophisticated man; a show-off, but otherwise not a worker ”. He had Flick reward his brokerage services for the sale of Werschen-Weißenfelser Braunkohlen AG and Anhaltische Kohlenwerke with a low-interest loan of 200,000 Reichsmarks. At the same time, Wetzell had agreed an agency commission of three percent with the heirs of Julius Petschek. Ultimately, the community of heirs sold their shares in May 1938 for $ 6,325,000. Wetzell's commission was $ 189,750. That sum corresponds to the same purchasing power of $ 3,310,518 in 2019.

In the period that followed, Wetzell was involved in numerous aryanizations of companies. He remained on the board of Werschen-Weißenfelser Braunkohlen AG and the Anhaltische Kohlenwerke until the end of the 1939 financial year. After that, Wetzell became the owner of a Berlin-based company for medical products. In 1940 he came into the possession of the Aryanized Ziegersberg Castle and estate. In the same year, Wetzell cooperated with Günther Quandt on the takeover of Byk Gulden . In May 1941 he was appointed to the board of the AFA (VARTA).

After the Second World War, Wetzell remained the owner of various companies and held supervisory board mandates in various stock corporations until the end of his life.

Supervisory board mandates (selection)

Chairman of the Supervisory Board at:

  • Eisenbahn-Automatic AG in Berlin
  • Casco AG rubber buffer in Berlin

Supervisory board member at:

  • Voigtländer & Sohn AG in Braunschweig
  • Dr. Freund & Dr. Redlich, Organ-Preparations AG in Berlin
  • Münden-Hildesheim rubber goods factories Gebr. Wetzell AG in Hildesheim
  • United Asbestos Works Danco, Wetzell & Co. AG in Dortmund

Awards

literature

Individual evidence

  1. ^ Klaus Vassel: Corps history of Hasso-Nassovia zu Marburg 1839-1954. A retelling , Vol. 2. Marburg 1981, p. 296.
  2. ↑ Kösener Corpslisten 1930, 15 , 695; 101 , 807
  3. ↑ Gert J. Flasich: Schering AG in the period of National Socialism. Kalwang & Eis, 2011, p. 32.
  4. ^ Scientific journal of the Humboldt University in Berlin: Social and Linguistic Series. Volume 15. Humboldt University, 1966, p. 214.
  5. ^ Tim Schanetzky: Government entrepreneur . Wallstein Verlag, 2015, pp. 313-314.
  6. ↑ Kim Christian Priemel: Flick. Wallstein Verlag, 2013, p. 394.
  7. ^ Tim Schanetzky: Government entrepreneur . Wallstein Verlag, 2015, p. 314.
  8. ↑ Kim Christian Priemel: Flick. Wallstein Verlag, 2013, p. 394.
  9. ^ Tim Schanetzky: Government entrepreneur . Wallstein Verlag, 2015, pp. 313-314.
  10. ^ Günter Ogger: Friedrich Flick the Great. Droemer Knaur, 1973, p. 163.
  11. ↑ Dollar inflation calculator dollartimes.com, accessed May 11, 2019
  12. ↑ Joachim Scholtyseck: The rise of the Quandts. CH Beck, 2011, p. 287 f.
  13. ↑ Werschen-Weißenfelser Braunkohlen AG Annual Reports 1923 to 1934 Hamburg World Economic Archive, accessed on May 11, 2019
  14. ↑ Schloss Ziegersberg Mobile History, accessed on May 11, 2019
  15. ↑ Joachim Scholtyseck: The rise of the Quandts. CH Beck, 2011, p. 287 f.
  16. ^ Klaus Vassel: Corps history of Hasso-Nassovia zu Marburg 1839-1954. A retelling. Volume 2. Marburg, 1981, p. 296.
personal data
SURNAME Wetzell, Carlos
BRIEF DESCRIPTION German industrial manager and industrialist
DATE OF BIRTH January 2, 1890
PLACE OF BIRTH Cordoba (Argentina)
DATE OF DEATH 15th February 1973
Place of death Berlin