Werner Dieter
![]() ![]() ![]() (businessman) | |
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Born | 23. September 1929 Stuttgart, Baden-Württemberg |
Nationality | German |
Alma mater | Esslingen 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
Event | Start | End | Location(s) | Description |
---|---|---|---|---|
Bilderberg/1991 | 6 June 1991 | 9 June 1991 | Germany Baden-Baden Steigenberger Hotel Badischer Hof | The 39th Bilderberg, 114 guests |
References
- ↑ https://www.hs-esslingen.de/en/mechanical-and-systems-engineering/faculty/alumniformer-students/famous-graduates/dr-ing-eh-werner-h-dieter/
- ↑ https://www.nytimes.com/1994/07/05/business/german-admits-mistakes.html
- ↑ https://techmonitor.ai/technology/former_mannesmann_exec_pays_to_get_courts_off_his_tail