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