] With his twinkly eyes and durable smile, Wendelin ] Wiedeking doesn't look like a fighter. But the Porsche ] CEO loves a good scrap. Taking principled but unpopular ] positions, then defending them to the death, is his ] nature. When the German government offered $97.5 million ] in subsidies in 1999 to help Porsche build a new assembly ] plant, for example, Wiedeking turned it down. He said he ] wanted to protect Porsche customers from complaints that ] taxpayers were subsidizing their expensive tastes. He has ] also rebuffed Porsche executives who want stock options. ] In fact, he won't even let them buy company stock. ] Wiedeking worries that in a company as small as Porsche ] (fiscal 2002 revenues were less than $5 billion), almost ] every decision could affect the share price and thus lead ] to suspicions of insider trading. |