Wiedeking to Step Down Owners Settle on New CEO for Porsche

Wendelin Wiedeking, who has been held responsible for Porsche's bungled attempted takeover of Volkswagen, is preparing to step down from his job. According to information obtained by SPIEGEL, the family owners of the sports carmaker have reached an agreement on who should succeed him as Porsche's chief executive.
ecb -- with wire reports
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