Sunday, April 26, 2015

Volkswagen chairman Ferdinand Piech steps down after unsuccessful move against CEO

After unsuccessfully attempting to oust current Volkswagen CEO Martin Winterkorn, Ferdinand Piech has fallen on his sword and stepped down as the company’s chairman. Yesterday we summarised the goings-on in the upper echelons of Volkswagen over the past few weeks, with Volkswagen chairman and scion Ferdinand Piech (above) looking to unseat the company’s current CEO, [...]

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