Peter Hartz

Peter Hartz (born 9 August 1941 in Sankt Ingbert), was the human resources executive at the German public company Volkswagen AG (VW). Twenty percent of Volkswagen's shares are owned by the state of Lower Saxony. Hartz became notable as adviser to German chancellor and former Prime Minister of Lower Saxony, Gerhard Schröder, with whom Hartz developed the so-called Hartz-reforms of the German labour market and job agencies - the German welfare benefit, 'Hartz IV', is named after the fourth stage of his reforms.

On 8 July 2005 Hartz offered his resignation (which was accepted a few days later) amidst allegations of wrongdoings in his area of responsibility at Volkswagen, which include :

Following a deal with the prosecution, Hartz confessed to the charges, and on 25 January 2007, he was convicted to a prison term of 2 years, but set free on probation, and to a fine of €576000.

...
Wikipedia