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wendelin wiedeking

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    Report: Former Porsche boss Wiedeking won't face criminal charges over VW bid
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    Hedge fund managers have been suing Porsche for years now, alleging that the car company lied about its intentions during its failed attempt to take over Volkswagen, a gambit that caused them billion in losses. Over the same period, authorities in Stuttgart built a criminal case against former ...

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    Report: Former Porsche CEO Wiedeking indicted over VW takeover bid
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    Do you recall the failed efforts by Porsche to take over Volkswagen? According to a Bloomberg report, former Porsche CEO Wendelin Wiedeking (above) and ex-CFO Holger Haerter have finally been charged with market manipulation over the exercising of options as part of the German sportscar ...

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    Report: What's ex-CEO Wendelin Wiedeking doing after Porsche? Pizza
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    Three years after an oversize corporate appetite resulted in him departing the CEO's throne at Porsche, Wendelin Wiedeking is back in the hunger business having announced a chain of pizza and pasta restaurants called Vialino. The eatery business isn't new to the former Porsche boss, nor are ...

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    REPORT: Porsche reportedly offered Wiedeking nearly $200M payout
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    Wendelin Wiedeking sat at the helm of Porsche for 16 of the company's most successful years. Under Wiedeking's watch, Porsche blessed the world's roads with the Boxster, Cayman, Carrera GT, Cayenne and now the Panamera. According to Wiedeking's lawyers, he Porsche and Piech families thought that ...

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    Officially Official: Porsche CEO and CFO quit, leave the building
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    It was really just 35 words that announced the ends of two careers at Porsche: "In the last weeks Wiedeking and Härter have come to the conclusion, that the further strategic development of Porsche SE and Porsche AG is better off, if they are not on board as acting persons." And so, effective ...

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    Porsche's Wiedeking tipped to get $140M golden parachute?
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    If the rumored deal for Volkswagen to consume Porsche is indeed accurate, then there are only two things left: the shouting, and the sound of Porsche CEO Wendelin Wiedeking departing his post in a Brinks truck filled with €100 million ($141M USD). German newspaper Bild am Sonntag reported "it ...

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    REPORT: Porsche denies word that CEO Wiedeking will hand over the keys amidst deal talk
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    This executive cycle isn't uncommon, especially in Germany: CEO displays great leadership over time, then decides to do something daring, then gets caught in a series of unfortunate events, then gets a tarnished reputation, then departs the formerly high-flying company (see also: "Schrempp" and ...

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    REPORT: Daimler, Porsche dismiss talks of stake as "speculation"
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    Daimler's Dieter Zetsche has called 2009 a "Darwin year" for the car business, with the weak and the lame being pulled down by larger forces. Surprisingly, Porsche was one of those businesses that nearly went under, and it has been looking for help almost anywhere it could get it. Reuters says that ...

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    Frayed Nerves: Is Porsche an automaker, or a hedge fund?
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    Some analysts are wondering if Porsche isn't running itself more like the Blackstone Group than as an automaker. The option trades it used last year to take control of Volkswagen netted the German automaker €6.8 billion. The business of selling cars netted Porsche just €1 billion over the ...

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    Porsche head predicts a hedge fund will swallow GM or Ford
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    Little guy Porsche is taking huge swings, and not just at the giant that is Volkswagen. Porsche head Wendelin Wiedeking had fierce Teutonic words for General Motors and Ford, and banks. His Rindfleisch – beef, that is – with U.S. automakers is that, through unsound practices, they have ...

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    VW won't get a seat on Porsche's board
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    There's no record of VW actually asking for one, but in case they wanted a seat on Porsche's management board, Porsche has said, "Uh, nein." That's the word from Porsche Automobil CFO Holger Härter, who forms half of the management board. The other half is Porsche CEO Wendelin Wiedeking. Nor ...

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    Porsche exec says "No" to baby Cayenne, again
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    According to our friends over at Motor Authority, Porsche exec Wendelin Wiedeking has officially denied the development of a cute 'ute designed to slot in below the Cayenne. This news is contrary to last month's report from Autobild that Porsche intended to share a platform with the upcoming Audi ...

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    Could Porsche force VW to unload Lamborghini and Bugatti?
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    Is Volkswagen about to shed some supercars from its stable? It could be the case, if statements by Porsche boss/VW supervisory board member, Wendelin Wiedeking, are taken seriously. When asked about the future Bugatti and Lamborghini within the Volkswagen Group, Wiedeking is quoted as saying "no ...

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