Role Reversal at Volkswagen – Wall Street Journal

Posted: Thursday, September 03, 2015

BERLIN—The story of intrigue and back-stabbing atop Europe’s biggest auto maker took an unexpected turn on Thursday when the Porsche and Piech clans that control Volkswagen AG named the company’s finance chief, Hans Dieter Pötsch, as their candidate for chairman.

The announcement comes a day after Volkswagen said it would extend Chief Executive Martin Winterkorn’s contract through 2018. That seemed to strengthen Mr. Winterkorn’s…

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