RPT-Hermes candidate won't break up Infineon -Spiegel

FRANKFURT, Jan 23 (Reuters) - The candidate proposed by UK pension fund Hermes to replace Infineon's chairman, Max Dietrich Kley, as head of the German chipmaker's supervisory board does not intend to dismantle the company, he said in a German newspaper report.

'I do not stand for a breakup but for a successful development of the company over the longer term,' Willi Berchtold was quoted by Germany's Der Spiegel as saying.

Hermes has said it wants Berchtold to chair the board in order to change the management culture at the troubled chipmaker, triggering a conflict with Kley who would like long-serving board member Klaus Wucherer to replace him.

Berchtold is finance chief of Germany's third largest car parts supplier, ZF Friedrichshafen.

Like Bosch, which is controlled by a non-for-profit foundation, ZF is owned by an endowment controlled by its home city.

(Reporting by Christiaan Hetzner; Editing by Greg Mahlich) Keywords: INFINEON/ ([e-mail]; Reuters Messaging: [e-mail]; [phone]) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.