The Austrian manager Siegfried Wolf (66) was at the general meeting of the Porsche SE was elected to the Supervisory Board by the shareholders for another term of office. The Piëch and Porsche families pool their investments in the holding company Volkswagen and the sports car manufacturer Porsche AG. Wolf’s re-election was unanimous at the virtual general meeting.
The controversial multi-supervisory board member and Kremlin friend Wolf is a confidant of Volkswagen’s major shareholder Wolfgang Porsche (81), and the two have repeatedly hunted together. In terms of business, he has been sitting alongside him on the supervisory board of the family holding company Porsche SE since 2019.
In the sights of the judiciary
In Austria, the colorful car oligarch is now having trouble with the judiciary
. In a criminal case he is accused of having corrupted a tax official so that his tax liability would be reduced. He faces a long court case. He himself denies the allegations.