
Historical records matching Ferdinand Piech
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About Ferdinand Piech
Ferdinand Piech, the former chairman and chief executive who built Volkswagen into one of the world’s largest carmakers, then abruptly exited just before the emergence of a historic scandal, has died. He was 82.
Piech died Sunday evening at a clinic in Bavaria after a visit to a restaurant, German daily Bild reported. His wife, Ursula, confirmed in a written statement sent through a Berlin lawyer that her husband died “suddenly and unexpectedly” on Sunday, according to German news wire Deutsche Presse-Agentur. VW officials and representatives for the Piech and Porsche families had no immediate comment.
Piech, the grandson of Ferdinand Porsche, whose engineering firm laid the basis for the manufacturer of the 911 sports car, became VW’s CEO in 1993, when the Wolfsburg, Germany-based company was mired in losses. Plagued with quality problems and high costs, VW returned to profitability by producing better vehicles without large-scale job cuts, winning Piech the allegiance of unions and shareholders alike.
Ferdinand Piech's Timeline
1937 |
April 17, 1937
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Vienna, Vienna, Austria
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