The choice of Mr. Poetsch is a compromise which may end with the current chief executive, Martin Winterkorn, becoming chairman when his term as CEO ends. "Porsche Backs Appointment of Poetsch as Volkswagen Chairman," at 1333 GMT, misstated the implications of Mr. Poetsch's appointment in the third paragraph.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

September 03, 2015 10:20 ET (14:20 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
Grafico Azioni Porsche Automobile (PK) (USOTC:POAHY)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Porsche Automobile (PK)
Grafico Azioni Porsche Automobile (PK) (USOTC:POAHY)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Porsche Automobile (PK)