FRANKFURT (Reuters) – Three new representatives of the Porsche and Piech family will take seats on the supervisory board of Porsche Automobil Holding , the company said on Friday, handing responsibility for Volkswagen’s oversight to a younger generation.
Porsche Automobil Holding SE, which controls a 52.2 percent voting stake in Volkswagen, the world’s largest carmaker, said its board of directors would be extended from six to 10 members, allowing some fourth-generation members of the clan to gain a seat.
Hans-Peter - Porsche - Grandson - VW - Beetle
Hans-Peter Porsche, a grandson of VW Beetle designer Ferdinand Porsche, will resign from the supervisory board, and hand control to Josef Michael Ahorner, Stefan Piëch, and Peter...
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