Volkswagen: Porsche's boss to move into supervisory board

"Reuters" is reporting that Porsche's boss, Wendelin Wiedeking, is going to move into Volkswagen's supervisory board latest May 2006.
It looks like he settled an agreement with lower saxony's head Christian Wulff who had doubts so far, because of possible interest conflicts.
The agreement is said to have 2 seats for Porsche in Volkswagen's supervisory board. Ferdinand Piech is expected to take the second seat.

A spokesman of the state of lower saxony denied the report.

GermanCarBlog, Volkswagen

Source: Reuters, logo by Cartype

Volkswagen: Porsche's boss to move into supervisory board

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