VW yet to find replacement for Ferdinand Piech

Updated: 14 July 2015

► Ferdinand Piech resigned in April 2015
► Berthold Huber remains interim chairman
► Reports say no replacement until 2016

Volkswagen’s interim chairman, Burtold Huber, will retain his position for some months to come according to German newspaper Bild am Sonntag, as VW is yet to appoint a long-term replacement for Ferdinand Piech, who resigned from his position as chairman in April 2015.

Piech resigned following a managerial dispute with CEO Martin Winterkorn, reputedly regarding the company’s slow progress in the US, and lack of a VW-developed budget car. The tiff eventually led to Piech’s resignation after receiving an ultimatum from the executive committee.

Who could replace him?

Reports in Bild am Sonntag suggest that Ferdinand Oliver Porsche and CEO Winterkorn are both candidates for the position, with board member Wolfgang Porsche reported to have distanced himself from the vacancy.

For now, Berthold Huber will remain in the hot seat, with the German newspaper reporting that he won’t be replaced until 2016. Whoever replaces Huber will have sizeable shoes to fill, and an inevitable number of issues to address.

By Matt Bell

Former digital intern at CAR

Comments