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Evidence receipt / belief

Published · transcript-backed

David Rosenthal: belief

27 Jun 2023 Acquired Porsche (with Doug DeMuro)

“I think Ferdinand Piech took over as CEO of the whole VW Group, I believe, in the same year that Wiedeking became CEO of Porsche in 1993.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
27 Jun 2023
Publisher
Acquired

Transcript context

…Who worked the first time to pull the best guy over at Porsche over, let's do it again. I think Ferdinand Piech took over as CEO of the whole VW Group, I believe, in the same year that Wiedeking became CEO of Porsche in 1993. Ferdinand's obviously much older. Coming towards the twilight years of his career, you can see how this would make sense if it were true. Whether it's true or not, I'm sure Wiedeking gets rumors of it. Wiedeking's really feeling himself here at Porsche. He's, hard to imagine, a better run. He gets the idea. He has a Justin Timberlake social network moment of a million dollars isn't cool. You know what's cool, a billion dollars. Being a CEO of Volkswagen isn't cool. You know what would be cool? If we at Porsche bought Volkswagen. I'll become the CEO of VW Group when I buy you. Remember, though, Ferdinand Piech is chairman and CEO of Volkswagen Group. He's also a Piech. He's also on the Supervisory Board of Porsche because he's also a key member of the family that owns Porsche. Yeah. The sitting active CEO of Volkswagen as a family member of the Porsche-Piech family has voting shares in Porsche.…

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