Ursula Piech, the wife of Volkswagen Chairman Ferdinand Piech, is poised to join the carmaker's supervisory board at its annual meeting next month. A company spokeswoman confirmed on Sunday that Ursula Piech would be a candidate for the board of Europe's biggest carmaker, replacing TUI Chief Executive Michael Frenzel.
Ferdinand Piech, who will turn 75 two days before the April 19 shareholder meeting, is up for re-election. Ursula Piech is around two decades younger.
Piech, the grandson of Porsche founder and original VW Beetle designer Ferdinand Porsche, is a canny strategist, empire builder and the undisputed leader of Volkswagen.