Difference between revisions of "Werner Dieter"
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| − | '''Werner Dieter''' | + | '''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== | ||
| + | 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== | ==References== | ||
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Latest revision as of 00:34, 14 October 2023
 Werner Dieter  (businessman) | |
|---|---|
| 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
