Hans Friderichs

Hans Friderichs (born 16 October 1931) is a German politician who served as the minister of economy in the period 1972–1977. He is also a jurist and businessman.

Hans Friderichs
Minister of Economy
In office
15 December 1972 – 7 October 1977
Prime MinisterWilly Brandt
Helmut Schmidt
Preceded byHelmut Schmidt
Succeeded byOtto Graf Lambsdorff
Personal details
Born (1931-10-16) 16 October 1931
Wittlich, Germany
Political partyFree Democratic Party

Early life and education

Friderichs was born in Wittlich in 1931.[1] He received a bachelor's degree in law and political science and also, holds a PhD.[2]

Career

Friderichs was a member and leader of the Free Democrats.[3] Until 1964 he was the deputy chairman of the party in North Rhine-Westphalia and then he became the chairman.[1] He served as a member of the German Bundestag twice, from 1965 to 1969 and from 1972 to 1977.[4] He was the minister of economy from 15 December 1972 to 7 October 1977. He first served in the cabinet led by Prime Minister Willy Brandt.[5]

After leaving office, Friderichs worked in various capacities at different firms and institutions, including Adidas AG.[2] In October 1977 he was named as the board member of the Dresdner Bank, replacing Jürgen Ponto who had been murdered.[6] Until March 1985, he served as the head of the bank.[7] He was the deputy chairman of the supervisory board of Adidas AG until 2007.[8] On 7 November 2007, he was appointed chairman of the board and served in the post until 2009.[9]

Controversy

Friderichs together with other German politicians was convicted and heavily sentenced for tax evasion, known as Flick affair, in 1985.[10][11]

References
  1. "Hans Friderichs". F. Neumann Stiftung. Archived from the original on 24 January 2014. Retrieved 5 July 2013.
  2. "Executive Profile". Bloomberg Businessweek. Retrieved 5 July 2013.
  3. John Benjamin Goodman (1992). Monetary Sovereignty: The Politics of Central Banking in Western Europe. Ithaca, NY: Cornell University Press. p. 67. ISBN 978-0-8014-8013-3.
  4. "Selektives Erinnerungsvermögen durch selektive Vorbereitung?". Gruene Bundestag. Retrieved 5 July 2013.
  5. Wellington Long (December 1972). "First woman president for German parliament". The Montreal Gazetta. Bonn. UPI. Retrieved 5 July 2013.
  6. Heinrich August Winkler (2007). Germany: The Long Road West 1933-1990. Oxford: Oxford University Press. p. 318. ISBN 978-0-19-926598-5.
  7. "Friderichs of Dresdner bank to quit". The New York Times. 7 February 1985. Retrieved 5 July 2013.
  8. Thomas Mulier (8 November 2007). "Adidas Profit Gains on Cost Savings after Reebok Buy". Bloomberg. Retrieved 5 July 2013.
  9. "Adidas extends CEO Hainer's contract". Just Style. 7 May 2009. Retrieved 5 July 2013.
  10. "Barzel Resigns over Flick Affair". Deutsche Welle. Retrieved 5 July 2013.
  11. "Key figure in 1980s Flick corruption affair commits suicide with wife". The Local. 11 September 2010. Archived from the original on 5 July 2013. Retrieved 5 July 2013.
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