Meet The New Porsche (And VW) Board Members

Bertel Schmitt
by Bertel Schmitt

Hide the liquor, hide the women (or not): The supervisory board of Porsche and Volkswagen will get new members, all the way from Qatar. Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani will be crowned new member of the Supervisory Board of Porsche Holding SE. Officially, this needs the votes of the stockholders meeting which will take place on January 29th. But trust me, it’s all done.



He’s replacing Hans-Peter Porsche, brother of Chairman Wolfgang Porsche. Volkswagen AG will receive first one, then two supervisory board members in flowing white robes. Their names are still unannounced, but will sound somehow like the above. Qatar now holds 17 percent of Volkswagen, and is VW’s third largest stockholder, after the Piech clan and the state of Lower Saxony. Qatar holds 10 percent of Porsche.

Bertel Schmitt
Bertel Schmitt

Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.

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 4 comments
  • Billy Bobb 2 Billy Bobb 2 on Dec 19, 2009

    Continuing a proud tradition of Muslim-German co-operation. Drill Baby Drill. Eff the Oil Ticks. Self-loathing closeted rump rangers.

    • Carguy Carguy on Dec 19, 2009

      Billy Bobb 2 - that is both inappropriate and offensive. It's a common practice that large investors get seats on the board - even if they are foreigners.

  • Mpresley Mpresley on Dec 19, 2009

    Who else can afford these Porsches, anyhow? Besides, a standard run of the mill GT2 makes a great chase car, especially when you're 50 miles out in the desert stranded in a 14K gold-plated Bugatti special edition (aren't they all?), out of petrol, and needing a lift back to the oasis. The days of hopping on a "camel named Clyde" are long gone.

  • Accs Accs on Dec 19, 2009

    *SIGHS*... or is it *Sihks*.. I think its absolutely fucked up.. that the last CEO of Porsche.. put them in such a position as to be vulverable to have these... yahoos (for lack of a worse name) paws.. all over VW /Porsche.

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