Puech was appointed to the company Supervisory Board on March 22, 2012, which prompted his ownership stake to be broken out in the 2011 annual report, filed in April of this year.

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Moreover, top German executives look forward to moving on to their company's supervisory board.

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However in many continental European countries, such as Germany, there are two boards, an Executive Board made up of company representatives and a Supervisory Board made up of non-executive representatives of shareholders and employees.

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Just prior to the purchase, the company announced it had fired its supervisory board chairman Luc Vandevelde , and replaced him with Halley family member Robert Halley.

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In another setback, the company reported that the chairman of its supervisory board, Nickolaus Becker, has resigned over the deal, according to the newswire AP.

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Active in the company as involved a member of the supervisory board, she is also president of a foundation that seeks to prevent strokes, which she founded in 1992.

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Last weekend, after a special meeting of the supervisory board, Volkswagen announced a broad management shakeup to help him lead the company as it heads into a new, and perhaps bumpy, growth phase.

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