Difference between revisions of "Werner Dieter"

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|birth_date= 23. September 1929
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|birth_place=Stuttgart,Baden-Württemberg
 
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'''Werner Dieter''' is/was Mannesmann A.G.'s chief executive.
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'''Werner H. Dieter''' was Chairman of the Board of Management of [[Mannesmann AG]], a German industrial conglomerate.<ref>https://www.hs-esslingen.de/en/mechanical-and-systems-engineering/faculty/alumniformer-students/famous-graduates/dr-ing-eh-werner-h-dieter/</ref>
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==Family business==
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In 1994, [[Dusseldorf]] public prosecutors began an investigation into assertions that Dieter had routed orders from Mannesmann's Rexroth subsidiary to Hydac, a company in which Dieter's family owns a majority stake. The accusations were raised by ''[[Der Spiegel]]'' magazine, which said Dieter forced Rexroth to pay Hydac prices that were above prevailing market rates for the equipment ordered.<ref>https://www.nytimes.com/1994/07/05/business/german-admits-mistakes.html</ref>
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In 1996, Former Mannesmann AG chief executive Werner Dieter agreed to pay the equivalent of $674,000 demanded by Dusseldorf prosecutors as the price of their ending their investigation of him. The money was not an admission of guilt, but only paid to end the case<ref>https://techmonitor.ai/technology/former_mannesmann_exec_pays_to_get_courts_off_his_tail</ref>.
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==References==
 
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Revision as of 00:34, 14 October 2023

Person.png Werner DieterRdf-entity.pngRdf-icon.png
(businessman)
Born23. September 1929
Stuttgart, Baden-Württemberg
NationalityGerman
Alma materEsslingen University
Mannesmann A.G.'s chief executive.

Werner H. Dieter was Chairman of the Board of Management of Mannesmann AG, a German industrial conglomerate.[1]

Family business

In 1994, Dusseldorf public prosecutors began an investigation into assertions that Dieter had routed orders from Mannesmann's Rexroth subsidiary to Hydac, a company in which Dieter's family owns a majority stake. The accusations were raised by Der Spiegel magazine, which said Dieter forced Rexroth to pay Hydac prices that were above prevailing market rates for the equipment ordered.[2]

In 1996, Former Mannesmann AG chief executive Werner Dieter agreed to pay the equivalent of $674,000 demanded by Dusseldorf prosecutors as the price of their ending their investigation of him. The money was not an admission of guilt, but only paid to end the case[3].




 

Event Participated in

EventStartEndLocation(s)Description
Bilderberg/19916 June 19919 June 1991Germany
Baden-Baden
Steigenberger Hotel Badischer Hof
The 39th Bilderberg, 114 guests
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References


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