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Volkswagen chairman Piech resigns after dispute over CEOFRANKFURT, Germany (AP) — Volkswagen says board chairman Ferdinand Piech ... The Piech and Porschefamilies together control a majority of shares inVolkswagen.
U.S. News & World Report - 11 hours ago
The producers of “Dallas” understood that money and family together make the perfect stuff of drama. Koch Industries, an oil, gas and commodities conglomerate based in Wichita, Kansas, makes the television soap opera look sedate by comparison. The Porsche and Piëch families, which control Porsche and Volkswagen respectively, have been fighting for decades even though they are related. Some family companies thrive despite such quarrels: two of the world’s leading shoe companies, Adidas and Puma, were founded by warring brothers http://econ.st/1Enps9D