A Supervisory Boards control the management. That’s what the Stock Corporation Act says. at Volkswagen In addition, the company’s supreme inspectors have a special obligation to the public to educate millions of duped buyers of diesel cars about the background of the exhaust gas scandal and to find out and name those responsible.
The Supervisory Board has reacted in the investigation of the scandal but almost only when prosecutors and police VW put pressure or when mistakes and omissions were known anyway. In the case of Audi CEO Stadler, the pattern repeats itself. Family ties seem to be more important to the owner families Porsche and Piëch than the legitimate interest of their customers in the gapless enlightenment promised by the supervisory board.
Stadler has long been in the twilight and is considered her favorite child among the top managers of the group, at the criticism because of his weak desire to enlighten again and again. How different is it to explain that Stadler was not immediately released from his duties when the Munich prosecutors let him arrest because of blackout? The family clan owns more than half of the company’s common stock. This results in special obligations for the Supervisory Board.