Winterkorn Resigning as CEO of Porsche
17 Ottobre 2015 - 6:21PM
Dow Jones News
By William Boston
BERLIN---- Porsche Automobil Holding SE said Saturday that Chief
Executive Martin Winterkorn is stepping down, effective Oct.
31.
Hans Dieter Pötsch will succeed Mr. Winterkorn as chief
executive on Nov. 1. Mr. Winterkorn's departure was widely expected
after his resignation under pressure last month as CEO of
Volkswagen AG.
Mr. Pötsch is chairman of Volkswagen's supervisory board and is
also finance chief of Porsche SE. Porsche SE has no direct
management control over Volkswagen. The holding company, belonging
to the Porsche and Pietch families, owns around 52% of Volkswagen's
voting stock and is the car maker's largest shareholder.
Mr. Winterkorn resigned from Volkswagen after the company
admitted it manipulated emissions tests of some diesel-powered cars
and light trucks in the U.S. and Europe. The company is under
investigation on suspicion of fraud on both sides of the Atlantic
and is preparing to launch a massive recall of up to 11 million
vehicles.
Write to William Boston at william.boston@wsj.com
Access Investor Kit for "Volkswagen AG"
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=DE0007664039
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 17, 2015 12:06 ET (16:06 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
Grafico Azioni Porsche Automobile (PK) (USOTC:POAHY)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Porsche Automobile (PK) (USOTC:POAHY)
Storico
Da Lug 2023 a Lug 2024
Notizie in Tempo Reale relative a Porsche Automobile Holding SE (PK) (OTCMarkets): 0 articoli recenti
Più Porsche Automobile Holding Se (PC) Articoli Notizie