Porsche picks family member as new chairman

Seems like the name Wolfgang is really popular amongsts best friends Volkswagen and Porsche. While Wolfgang Bernard stepped down as Volkswagen chairman, Porsche today said it appointed a member of the Porsche family, Wolfgang Porsche, to be the new Porsche chairman. Wolfgang Porsche has been a member of the Prosche’s supervisory board since 1978. He will be replacing Sihler today at the end of the annual meeting after his 14 year run.