Ferdinand Piech to lose board seat at Porsche SE, report says

Piech (left) with his cousin Wolfgang Porsche. (Reuters)

By:

Jan Schwartz

March 12, 2017 05:00 AM

FRANKFURT -- Former Volkswagen Chairman Ferdinand Piech is set to lose his board seat at Porsche SE, in which the Porsche and Piech families have pooled their holding in VW, a German paper reported.

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