Wolfgang Porsche and Ferdinand Piëch still split over Winterkorn: “Will never understand how my cousin dropped him”

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05/01/2018

Wolfgang Porsche and Ferdinand Piëch still split over Winterkorn “I’ll never understand how my cousin dropped him”

Ferdinand Piëch (l.), Wolfgang Porsche

DPA

Ferdinand Piëch (l.), Wolfgang Porsche

Sports car Patriarch Wolfgang Porsche sets in the face of the still smoldering dispute with his cousin Ferdinand Piëch on the new generation. “I would imagine that the resentment between the family branches in the future no longer play a role,” Porsche told the “AutomobilWoche“with regard to the candidates for important positions at the family holding Porsche SE.

Peter Daniell Porsche, Stefan Piëch and Josef Michael Ahorner are to be elected to the company’s Supervisory Board at the Annual General Meeting on 15 May. This fourth generation of families gives him hope, according to Wolfgang Porsche, who heads the supervisory board.

Porsche SE is a financial holding that bundles a large part of the industrial property of the Porsche and Piëch families. Among other things, it holds the majority of ordinary shares and voting rights in the Volkswagen Group. He in turn controls the operating car maker Porsche AG (Dr. Ing. H.c. F. Porsche Aktiengesellschaft).

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As his own successor as a family spokesman Wolfgang Porsche has his nephew in view. “If you ask me for a successor candidate, from today’s perspective, I would most likely see Ferdinand Oliver Porsche, who has been on the supervisory boards of VW and Audi, as well as Porsche AG and Porsche SE for several years,” Porsche told the journal. “He knows these companies very well, and I would fully trust him in this role.” However, the family has not yet decided on a succession proposal “.

With Ferdinand Piëch Wolfgang Porsche has not continued to speak out, the relationship is still tense since the dispute over former VW boss Martin Winterkorn. “I’ll never understand how my cousin did this man who had served him faithfully for 35 years, so could drop and did not talk to him openly, “Porsche told the journal.

In the spring of 2015, the then VW supervisory board chairman Ferdinand Piëch Winterkorn had surprisingly withdrawn the trust. However, the subsequent power struggle Piëch lost and resigned from his post,

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