Heinz Branitzki and Arno Bohn - Porsche's stopgaps
Summary
It was almost over for Porsche. At the end of the 1980s, the sports car manufacturer slipped into a serious crisis, which first its own CFO and then a CEO from outside the industry were supposed to overcome. Both failed and almost took the entire company with them. This article describes the short careers of Heinz Branitzki and Arno Bohn at the helm of Porsche AG.
This article contains the following chapters
- No success without dollars
- Standing still is not a solution
- The young man from outside the industry
- Dishonest or incompetent?
- Extension due to lack of alternative
- One last official act
Estimated reading time: 14min
Preview (beginning of the article)
It all began with a decision that Ferry Porsche was to regret for a long time to come. Ferdinand Piëch described the family tensions from 1970 onwards with the sentence: "There is a kind of unwritten law in our family: Porsche is Stuttgart and Piëch is Salzburg." On April 1, 1971, however, a new Board of Management met in Zuffenhausen, which included members from both sides of the family. Ferry Porsche was the Chairman. His son Ferdinand Alexander "Butzi" Porsche and his nephew Ferdinand Piëch were also members. Michael Piëch was appointed to the Board of Management to manage the company. The fifth man was to be a neutral party, neither a Porsche nor a Piëch: Heinrich "Heinz" Branitzki.
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