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Just Auto (Free subscription) | 11/09/2009
Porsche has named Lutz Meschke as its new Executive Vice-President Financial Affairs. The position has been vacant since the resignation of Holger Härter in the summer during the political turmoil that saw Volkswagen take control of Porsche as well as the exit of Porsche CEO Wendelin Wiedeking.
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The Independent (Free subscription) | 08/21/2009
Porsche's former CEO Wendelin Wiedeking is being investigated by prosecutors as part of a probe into suspected market manipulation in Volkswagen shares.
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Financial Times (Free subscription) | 08/21/2009
German prosecutors are investigating Wendelin Wiedeking, Porsche's former chief executive, and other people close to the sports car maker, alleging market manipulation...
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Financial Times (Free subscription) | 08/21/2009
German prosecutors are investigating Wendelin Wiedeking, Porsche's former chief executive, and other people close to the sports car maker, alleging market manipulation...
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Business Week (Free subscription) | 07/25/2009
Long time right-hand man to departing Porsche CEO Wendelin Wiedeking, Michael Macht is seen as a technocrat who can work with new owner VW
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Reuters (Free subscription) | 07/24/2009
HAMBURG (Reuters) - Representatives of the families that own Porsche are set to take up seats on Volkswagen's supervisory board vacated by former Porsche Chief Executive Wendelin Wiedeking and his finance chief Holger Haerter, sources close to Volkswagen said Friday.
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Just Auto (Free subscription) | 07/24/2009
The corporate drama that is the Porsche-Volkswagen affair, which yesterday saw the departure of Porsche chief executive officer Wendelin Wiedeking after 16 years with the company and the move to merge the sportscars brand into the VW portfolio, put the stock market to confusion.
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The Washington Times (Free subscription) | 07/24/2009
STUTTGART, Germany | Volkswagen emerged Thursday atop a power struggle among members of the Piech and Porsche families that cost Wendelin Wiedeking his job as Porsche chief executive. Now VW is left to gather the spoils, namely the marquee Porsche name that will soon be counted with Audi, Bentley and Lamborghini, already among its stable of luxury brands. "I don't think Volkswagen will change...
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Financial Times (Free subscription) | 07/24/2009
Some years ago Wendelin Wiedeking published a book of essays entitled The David Principle, invoking the Biblical hero who took on and defeated Goliath. The...
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People Daily (Free subscription) | 07/24/2009
Wendelin Wiedeking, chief executive of German luxury sports carmaker Porsche stepped down on Thursday, after the company lost a dramatic and prolonged takeover battle with auto giant Volkswagen. Wiedeking's resignation is believed to pave the way for a takeover of the legendary sports car group by Volkswagen, Europe's largest carmaker. Volkswagen is expected to purchase Porsche in two steps at a price...
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Business Week (Free subscription) | 07/23/2009
Porsche Chief Executive Wendelin Wiedeking has stepped aside in a sign that Volkswagen takeover of its local rival is almost secured
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Financial Times (Free subscription) | 07/23/2009
Porsche’s family owners ended months of feuding over a rescue of Germany’s debt-ridden sports carmarker by agreeing a merger with Volkswagen and ousting its chief executive Wendelin Wiedeking with a huge €50m pay-off.
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Financial Times (Free subscription) | 07/23/2009
Porsche's family owners ended months of feuding over a rescue of Germany's debt-ridden sports carmarker by agreeing a merger with Volkswagen and ousting its chief executive Wendelin Wiedeking with a huge €50m pay-off.
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Everyday Ethics (Free subscription) | 07/23/2009
Forbes.com Lionel Laurent says of departing Porsche CEO Wendelin Wiedeking 's gift to journalists: "The irony is palpable, given the amount of bad press Wiedeking has received over the past year, as well as Porsche's attempts to scotch leaked news that Wiedeking [left] was set to leave the company earlier this month."
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Financial Times (Free subscription) | 07/23/2009
News of the €50m pay-off secured by Wendelin Wiedeking sparked outrage in Berlin, where the departing chief executive's record pay cheques had long made him suspicious