Porsche Automobil Holding SE: Dr. Wiedeking and Holger Haerter to leave the company - successors appointed
Porsche Automobil Holding SE / Change of Personnel
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
----------------------------------------------------------------------
Porsche Automobil Holding SE: Dr. Wiedeking and Holger Haerter to leave the
company - successors appointed
Stuttgart. Today the Supervisory Board of Porsche Automobil Holding SE,
Stuttgart, together with Dr. Wendelin Wiedeking and Holger P. Haerter
agreed upon their dismissal. Both Members of the Board of Management will
leave Porsche SE and Dr. Ing. h.c. F. Porsche AG with immediate effect, but
will provide advice to both companies as wished by the Supervisory board.
Both resign from their respective seats at the Supervisory Board of
Volkswagen AG and Audi AG.
In the last weeks Wiedeking and Haerter have come to the conclusion, that
the further strategic development of Porsche SE and Porsche AG is better
off, if they are not on board as acting persons. They both see that step as
a significant contribution to the appeasement of the situation and to
support the forming of an integrated car manufacturing company. Both
gentlemen will accompany the handover at the Board of Management level
positively and support their respective successor in their tasks.
Wendelin Wiedeking in his functions as CEO Porsche AG will be followed by
Michael Macht, currently Board member of Porsche AG in charge of Production
and Logistics. Thomas Edig, Board member in charge of Human Resources of
Porsche AG will become his deputy. Furthermore Macht and Edig have been
appointed as Members of the Board of Management of Porsche SE, Macht in
charge of technology and products, Edig with responsibility for commercial
issues and administration. The Supervisory Board expressed its thanks to
both Board members resigning from office for their long lasting work.
23.07.2009 Financial News transmitted by DGAP
----------------------------------------------------------------------
Language: English
Issuer: Porsche Automobil Holding SE
Porscheplatz 1
70435 Stuttgart
Deutschland
Phone: +49 (0)711 911-11000
Fax: +49 (0)711 911-26375
E-mail: info@porsche.de
Internet: www.porsche-se.com
ISIN: DE000PAH0038
WKN: PAH003
Listed: Regulierter Markt in Berlin, Frankfurt (General Standard),
München, Stuttgart; Freiverkehr in Hannover, Düsseldorf,
Hamburg; Terminbörse EUREX
End of News DGAP News-Service