Volkswagen CEO resigns

Statement by Prof. Dr. Martin Winterkorn
Filed under:  Brand Related
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What Volkswagen has done is truly stunning and crosses the line by any measure. It drove me to do this...

vw very wrong.png

This is not the first time a company has behaved badly and it probably won't be the last. As in almost every case, everyone stands up and proclaims how shocked they are that this happened, and how they knew nothing.

These statements are usually followed by the "I take full responsibility" phrase, but that is usually also empty because no consequence occurs.

Except for Prof. Dr. Winterkorn. He actually resigned over this.

Now, I am not going to suggest I know anything about this with regards to what actually happened and who knew what. I do not know if he knew or not, or how high the chain of command this reaches, but the simple words of this resignation letter perhaps creates a path to a new, and rather bumpy future for the brand.

"I am shocked by the events of the past few days. Above all, I am stunned that misconduct on such a scale was possible in the Volkswagen Group.

As CEO I accept responsibility for the irregularities that have been found in diesel engines and have therefore requested the Supervisory Board to agree on terminating my function as CEO of the Volkswagen Group. I am doing this in the interests of the company even though I am not aware of any wrong doing on my part.

Volkswagen needs a fresh start – also in terms of personnel. I am clearing the way for this fresh start with my resignation.

I have always been driven by my desire to serve this company, especially our customers and employees. Volkswagen has been, is and will always be my life.

The process of clarification and transparency must continue. This is the only way to win back trust. I am convinced that the Volkswagen Group and its team will overcome this grave crisis."

(source: Volkswagen)

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