Victor Muller

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Victor Muller
Victor Muller.jpg
Born Victor Roberto Muller[1]
(1959-09-13) September 13, 1959 (age 54)
Amsterdam, North Holland, Netherlands
Nationality Dutch
Alma mater Leiden University (LL.M.)
Occupation Spyker N.V. (CEO and President)
Salary Steady €600,000 (2012)[2]
Net worth Decrease €7.5 million (2012)[3]

Victor Roberto Muller (born September 13, 1959) is a Dutch businessman, founder of Spyker Cars, CEO of Spyker N.V., and former Chairman and CEO of Saab Automobile AB.[1]

Education and early career[edit]

Muller studied Law at Leiden University. After graduating with an LL.M. degree in 1984, he became a lawyer for the Amsterdam office of law firm Baker & McKenzie. In 1989, he joined the management team of offshore company Heerema in Leiden. A management buyout made him part owner of salvage and towing company Wijsmuller in IJmuiden. From 1992 onwards, Muller led several companies, such as Emergo Mode Groep (Emergo Fashion Group), which would be launched on the Amsterdam Stock Exchange as McGregor Fashion Group.

Spyker Cars[edit]

Muller and Maarten de Bruijn founded Dutch car company Spyker Cars in 2000, renewing the Spyker name which had been used surrounding car production in the 1920s. Muller was the CEO of the company until May 16, 2007, when he was succeeded by Michiel Mol. Muller continued to work for the company as chief designer for a period, but returned to the CEO seat later the same year, due to the split up between Spyker Cars and Spyker F1 (later Force India) while Mol continued as CEO for the latter.

Muller was found guilty of sharing insider information in 2007. He sent an email to bank Theodoor Gilissen, requesting they not sell shares used as security for a personal loan. In the email Muller stated that Spyker would soon release a favourable press-release, which would increase the value of his shares. Victor Muller was initially fined €96,000. The fine was reduced in May 2012 to €11,400.[4]

Saab Automobile AB[edit]

Muller was also the chairman of the company Swedish Automobile, which was formed after the takeover of Saab Automobile by Spyker Cars. Saab Automobile was declared bankrupt in December 2011. A meeting on Saab's bankruptcy was held at the District Court of Vänersborg on the 16 April 2012. In April 2012, the Swedish curators made public that SAAB has a debt of over US$ 2 billion after subtracting the value of assets.[5][6]

In March 2011, a Swedish biography of Victor Muller was published, Cirkus Muller, by journalist Jens B Nordström.[4]

In August 2012, Muller, stated that Spyker Cars will sue General Motors over Saab's bankruptcy.[7] Muller, stated, "Ever since we were forced to file for Saab Automobile’s bankruptcy in December of last year, we have worked relentlessly on the preparation for this lawsuit, which seeks to compensate Spyker and Saab for the massive damages we have incurred as a result of GM’s unlawful actions". On 22 June 2013, a District Court Judge dismissed the case. According to Judge Gershwin Drain, "General Motors had a contractual right to approve or disapprove the proposed transaction," and "The court is going to grant the motion to dismiss the matter."[8]

Since May 2013, Muller, has been a prime suspect of corporate tax evasion.[9]

References[edit]

  1. ^ a b "Victor Roberto Muller (Swedish)". AllaBolag.se. 
  2. ^ Main elements contract member of the Management Board
  3. ^ Spyker N.V. CEO corporate holdings
  4. ^ a b "Ekerlids Förlag AB - Ny bok: Cirkus Muller av Jens B Nordström". Mynewsdesk. 2011-03-26. Retrieved 2012-03-11. 
  5. ^ "Saab bankruptcy site". Konkursboet. December 2011. Retrieved 2012-04-13. 
  6. ^ "Saab Auto Left $2 Billion in Debts". Wall Street Journal. April 2012. Retrieved 2012-04-27. 
  7. ^ "'Spyker Sues GM for $3 Billion Over Saab Bankruptcy'". Bloomberg. 2012-06-08. Retrieved 2012-06-08. 
  8. ^ "'Saab parent's $3 billion lawsuit vs GM thrown out by U.S. judge". Chicago Tribune. 2013-07-06. Retrieved 2013-08-06. 
  9. ^ "Sweden to summon former Saab chairman in tax inquiry". Reuters. May 22, 2013. Retrieved 2013-05-23. 

External links[edit]