VW-Porsche cross-pollination as Winterkorn, P?¶tsch join Porsche board

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Filed under: Hirings/Firings/Layoffs, Porsche, Volkswagen
The assimilation of Porsche into the Volkswagen Group continued today as two top executives from Wolfsburg have taken up similar positions at the parent company of the sports car maker. Volkswagen CEO Dr. Martin Winterkorn will become CEO of Porsche Automobil Holding SE on September 15. He will be joined on the Porsche SE board of management by Hans Dieter Pötsch, who will serve as chief financial officer. Porsche SE is the holding company owned by the Porsche and Piech families that controls Porsche AG, the automaker.

Conversely, Michael Macht, who recently replaced Wendelin Wiedeking as CEO of Porsche AG, will be appointed to a senior management position at Volkswagen where he will represent the interests of Porsche. Macht will also retain his role at Porsche AG. Hit the jump for the official press release.

[Source: Porsche]Continue reading VW-Porsche cross-pollination as Winterkorn, P?¶tsch join Porsche board
VW-Porsche cross-pollination as Winterkorn, P?¶tsch join Porsche board originally appeared on Autoblog on Thu, 13 Aug 2009 18:59:00 EST. Please see our terms for use of feeds.


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