Otto-Ernst Flick

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Otto-Ernst Flick (born June 27, 1916 , † January 4, 1974 in Meerbusch ) was a German industrialist, especially in the coal and steel industry .

Life

Flick was the eldest of Marie and Friedrich Flick's three sons . After graduating from high school, he began studying economics, but dropped out in favor of a commercial apprenticeship at Hüttenwerke Siegerland AG . In 1937 Flick joined the company headed by his father. At first he was the authorized signatory of Maxhütte in Unterwellenborn in Thuringia . Between 1941 and 1944 he was chairman of the management of the Rombacher Hüttenwerke in Lorraine . After the operation was lost to the Flick concern due to the advance of the Allied troops, Otto-Ernst Flick became managing director of the Maximilianhütte in Sulzbach-Rosenberg in January 1945 . In the years between 1939 and 1945, he and his brother Friedrich Karl Flick were given substantial shares in the family company in various steps. The share of the two brothers was 45% each in 1945. Nevertheless, the father kept the real say in the company.

Like his father, Otto-Ernst Flick was arrested after the end of the war and charged. In 1949 he founded the company "Süd-Ferrum" in Munich . It did good business in the years of steel shortages after the war. The family company, on the other hand, had lost a lot of its importance, especially due to the loss of the plants in East and Central Germany. But the father soon succeeded in increasing the value of the group again through various measures and clever investments.

Otto-Ernst Flick gave up his own business in 1953 and joined the group management of the family company. Among other things, he sat on the supervisory boards of eleven companies belonging to the group. In 1956 he was also appointed general representative of Flick KG . His main area of ​​responsibility included the mining industry parts of the group.

However, conflicts soon arose between Otto-Ernst and his father. This meant that Otto-Ernst Flick was initially ousted from the supervisory board and in 1958 he also lost the general power of attorney. At the same time, his stake in the company shrank to 19 percent. After a temporary reconciliation, Otto-Ernst became chairman of the board of the Lübeck ironworks. Further internal family conflicts led Otto-Ernst Flick to apply for the liquidation of Friedrich Flick KG in 1963. In the subsequent legal proceedings in mid-June 1963, a corresponding suit was dismissed. His father was also able to prevail in a second legal proceeding in 1965.

In 1966 Otto-Ernst Flick left the company for good and received a severance payment. He invested the considerable sum primarily in real estate in Canada , the United States and Italy .

Marriage and offspring

Otto-Ernst Flick and his wife Barbara, geb. Raabe, daughter of Karl Raabe , three children:

literature

  • Thomas Ramge : The Flicks. A German family story about money, power and politics. Campus Verlag, Frankfurt a. M. 2004, ISBN 3-593-37404-8
  • Munzinger: International Biographical Archive. 14/1974 of March 25, 1974
  • Norbert Frei, Ralf Ahrens, Jörg Osterloh, Tim Schanetzky: Flick. The Group. The family. The power . Blessing Verlag, Munich 2009, ISBN 978-3-89667-400-5 .