The minority shareholders at Siemens have demanded the resignation of Heinrich von Pierer, the supervisory board chairman and CEO of Siemens for the period between 1992 and 2005. Increase in the number of executives that have knowledge of the corruption that took place in Siemens has caused a spur in people regarding the extent to which von Pierer was aware of the corruption. However, the supervisory board chairman has maintained a firm opinion in these words, “Im deeply upset by what has happened” (Spiegel Online, 2006) and is surprised by the fact that few of the workers managed to eradicate all checks and balances. “It is hard to believe that something on this scale could be so organised and that no control was in place to catch it” (PILOT, 2012).