Walter Flöttl
Walter Flöttl (born January 13, 1924 in Vienna ; † December 8, 2009 there ) was an Austrian bank manager .
Career
Flöttl began his career at BAWAG in 1950 . In 1966 he became director of banking, 1972 general director and 1981 chairman of the board of BAWAG. When he retired at the end of 1995, he was replaced as CEO by Helmut Elsner .
During his time as general manager, the so-called Caribbean business began in 1987, which ran through his son Wolfgang Flöttl and which yielded profits until 1994, but subsequently brought the bank into high debt. The latter fact only became public in the so-called BAWAG affair in 2006.
In 1991, Flöttl also approved the inexpensive rental of a penthouse in downtown Vienna to the then ÖGB chairman Fritz Verzetnitsch , which was widely disapproved in the course of the affair and ultimately led in 2006 to the term "penthouse socialism", which in the same year became Austrian Word of the Year was chosen.
Walter Flöttl was buried at the Dornbacher Friedhof in Vienna.
Awards
- 1984: Great Silver Decoration of Honor for Services to the Republic of Austria
- 1994: Great Gold Medal for Services to the Republic of Austria
Web links
- Entry on Walter Flöttl in the Austria Forum (in the AEIOU Austria Lexicon )
Individual evidence
- ↑ See Wort des Jahres 2006 ( Memento of the original from December 21, 2009 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. .
- ↑ a b List of all decorations awarded by the Federal President for services to the Republic of Austria from 1952 (PDF; 6.9 MB).
| personal data | |
|---|---|
| SURNAME | Flöttl, Walter |
| BRIEF DESCRIPTION | Austrian bank manager |
| DATE OF BIRTH | January 13, 1924 |
| PLACE OF BIRTH | Vienna |
| DATE OF DEATH | December 8, 2009 |
| Place of death | Vienna |