logo
Share SHARE
FONT-SIZE Plus   Neg

Porsche Announces Change In Management Board - Quick Facts

Porsche Automobil Holding SE (POAHF.PK,POAHY.PK) said by his own wish and in consultation with the Supervisory Board, Thomas Edig, member of the Management Board of the company, Stuttgart, in charge of commercial and administrative affairs will leave the Board, effective February 29, 2012 to fully concentrate on his tasks and bring forward the 'Strategy 2018' in his role as member of the Management Board at Dr. Ing. h.c. F. Porsche AG, Stuttgart. The company stated that its Supervisory Board in its meeting on Monday has agreed to it.

Also, the Supervisory Board appointed Philipp Alexander Edward von Hagen to the Management Board of Porsche, effective March 1. Hagen actually serves as Director Global Financial Advisory with Bankhaus Rothschild.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Hollywood is spending more than ever to produce movies, with new technology and computer graphics imaging (CGI) bringing superheroes to life. Directors constantly one-up one another with special effects, while actors like Johnny Depp or Tobey Maguire are demanding beaucoup bucks to reprise their... Sluggish sales of video games have forced GameStop to take a decision to close around 150 retail locations. Digital downloads and competition from rivals are said to be the reason for shut down. The company operates around 6600 stores worldwide and has not revealed the list of shops to be closed. According to reports GameStop is planning the closure of up to 3 percent of their shops. After coming under fire for its decision to bar two teenage girls from boarding a flight on Sunday morning, United Airlines has defended its action. The two teenage girls were prevented by a gate agent on Sunday morning from boarding a United Airlines flight from Denver to Minneapolis as they were wearing leggings that were deemed as improper attire.
comments powered by Disqus
Follow RTT