In a move seen as yet another way for the controlling Piech-Porsche family to leverage its muscle over the continent's biggest automaker, Ursula Piech – wife of chairman Ferdinand Piëch – is set to join the Audi supervisory board at the annual shareholder's meeting on May 16. Putting Piëch's wife, a 56-year-old kindergarten teacher, on the board is seen as just a formality as the Piëch and Porsche families already control more than 90 percent of the Porsche SE holding company (owner of a majority of Volkswagen common stock).

Although formally trained to educate young children, this isn't Ursula Piëch's first corporate role. In 2010, Piëch chose his wife to be deputy head of two Austria-based foundations that control owned stakes in Porsche and VW. She took a seat on the board of Wolfsburg-based VW almost a year ago.

Chairman Piëch will turn 76 next week, and his wife is set to take over her husband's interests when he dies.


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    • 1 Second Ago
  • 27 Comments
      audisp0rta4
      • 1 Year Ago
      That's one ballin kindergarten teacher! Screw drawing turkeys shaped like your hand...I wanna learn how to run (or marry into) a multi billion dollar corporation!
      Narom
      • 1 Year Ago
      "Chairman Piëch will turn 76 next week, and his wife is set to take over her husband's interests when he dies." Bit morbid. He might out live her.
      SpikedLemon
      • 1 Year Ago
      I'm so confused who owns VW and Porsche right now.
        visconti24
        • 1 Year Ago
        @SpikedLemon
        The Piechs and Porsches owned a majority of Porsche Auto. They sold Porsche Auto to Volkswagen AG. Then, with the money, they acquired a controlling interest in Volkswagenwerk AG itself and now the Piechs and Porsches control everything.
          Pdexter
          • 1 Year Ago
          @visconti24
          No, not really. Porsche had made off a clever way to buy big stake of VW and back in 2008 actually had controlling interest, but it all failed and came crushing down. VW then went on and bought Porsche that was in deep problems after the try.. Ferdinand Piëch has been chairman of the board since 1993 and the Piëch family or Porsche do not own majority stake in VW, not even a small part of it.
      GasMan
      • 1 Year Ago
      Qualification by injection.
      RJC
      • 1 Year Ago
      Those two in the picture are not German. Germans don't smile. Germans are emotionless---like their cars.
        Joe Liebig
        • 1 Year Ago
        @RJC
        Right, like the 300SL that doesn't get anyone excited. Or an SLS. Or C63 AMG BS. Or the Z8.
      SloopJohnB
      • 1 Year Ago
      I have no problem with this. Makes perfect sense.
      desinerd1
      • 1 Year Ago
      Anything that keeps these cars from catching fire.
        FIDTRO
        • 1 Year Ago
        @desinerd1
        Ohhh, I think Crapdai has more of a problem with that: http://www.asiaone.com/Motoring/News/Story/A1Story20120508-344666.html http://www.carcomplaints.com/Hyundai/Sonata/2011/electrical/car_fire.shtml http://www.topix.com/forum/autos/hyundai-santa-fe/TMIAVECEJL50J80LQ http://hyundaielantrafire.com/HyundaiElantraFire.com/Elantra_Fire.html http://www.complaints-india.com/complaints/11066/New-Hyundai-i10-CAR-GOT-FIRE-ON-ITS-OWN-with-a-big-sound-in-the-engine-side_-Car-was-Parked_.html http://www.consumercomplaints.in/complaints/hyundai-i10-magna-12-c325460.html
      Joe Liebig
      • 1 Year Ago
      It is Piëch, not Piech. This Austrian is probably the most powerful man in the car industry on the planet. Success seems to justify the means, although I personally don't like these family dynasties. Or Austrians going after world dominance.
        visconti24
        • 1 Year Ago
        @Joe Liebig
        I personally love family dynasties. Without them I would be nothing in this world.
        Pdexter
        • 1 Year Ago
        @Joe Liebig
        There's no doubt he is at the moment the most powerful man in the car industry. It's pretty amazing thinking just what kind of history the family got.
          telm12345
          • 1 Year Ago
          @Pdexter
          Especially during the late 30s, early 40\'s...
      AcidTonic
      • 1 Year Ago
      The problem is all the qualified lifetime industry people who worked their way up from the bottom only to have her appointed to this board position due to who she lives with. Bogus.... where are her credentials? They are so required and special when anyone else wants a shot at a job like that...... It's not how hard you work or who you know..... What a shame for the working class.
        visconti24
        • 1 Year Ago
        @AcidTonic
        How do you think the world functions? Did you read that the Porsches and Piechs control Volkswagen AG? The family sold Porsche Auto to Volkswagen. With the profits they bought all the Volkswagen shares they could buy in order to control the company, which owns 99.8 percent of Audi. So they can name whomever they want to the supervisory board. The workers of Volkswagen have several of their representatives on the board of directors already.
        Mason
        • 1 Year Ago
        @AcidTonic
        Shame for the working class? Did you expect them to put an assembly line worker on the board? And I'd say her credentials are that she's married to Piech...she probably hears about the car business 24/7.
          Darren McLellan
          • 1 Year Ago
          @Mason
          VW's structure requires equal representation of management and labor on the board.
      SatinSheetMetal
      • 1 Year Ago
      20 year age difference. I would have to start looking for a 6 year old to marry. Maybe I'll wait 12 years.
        • 1 Year Ago
        @SatinSheetMetal
        [blocked]
        Joe Liebig
        • 1 Year Ago
        @SatinSheetMetal
        Early on, he had no time for earthly family matters. He was busy with his plans for world domination.
      thedriveatfive
      • 1 Year Ago
      nepotism
      Brian
      • 1 Year Ago
      Paterfamilias? I always knew Autoblog was the leader in automotive industry updates but are you now branching out into expanding our vocabulary too? Even my masters in education couldn't prevent me from having to look that one up lol. Sarcasm aside, great blog, keep up the great work
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