The 2009 Motor Trend Power List at Automotive.com
»Locate a Dealer»Find a Used Car»Get Financing

Volkswagen AG Supervisory Board Chairman Ferdinand Piech - 2009 Power List - Features

Below is the Motor Trend magazine article The 2009 Motor Trend Power List read the article, browse photos from the article, or search related articles in the Automotive.com Enthusiast Central.
The 2009 Motor Trend Power List
Ferdinand Piech Volkswagen AG Supervisory Board Chairman

The 2009 Motor Trend Power List


Text Size

4. Ferdinand Piech
Volkswagen AG chairman of Supervisory Board

Strange antics from Ferry Porsche's Grandson
2008 Rank: 3

Porsche takeover? Piech favored Porsche buying majority interest in VW Group, which includes Skoda, Seat, Audi, Lamborghini, Bentley, and Bugatti. And then he skipped out on a supervisory board meeting, which caused Porsche to lose a vote to form a partnership with Audi.

Meanwhile, back at VW: It's still dealing with such cars as his luxury VW Phaeton, which it launched in the short period he was gone after retiring from the board of management in 2002.

Piech owns: 13 percent of Porsche.

Influence on Porsche: As Porsche was buying up VW last year, Piech reportedly tried to replace Wiedeking (see No. 2), with ex-BMW and Ford PAG chief Wolfgang Reitzle.

Wolfgang Porsche's influence on Piech: Said he was "horrified" with cousin Piech's behavior and might try to push him out.

As of this writing: Piech and Wiedeking still have their jobs.

...>>next page

FIND A CAR