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Porsche-Piech clan to stay out of VW management: Porsche chairman

Porsche-Piech clan to stay out of VW management: Porsche chairman

Saturday, April 8, 2017, 4:31 PM

Members of the Porsche-Piech clan that controls Volkswagen will no longer be eligible to serve as executives of the carmaker, Porsche Automobil Holding SE Chairman Wolfgang Porsche told a German newspaper. "That no family member is active in the operating business must apply to Porsche SE and the whole Volkswagen group," Frankfurter Allgemeine Zeitung quoted him as saying in an interview published on Saturday.
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