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
Grab, the Singapore-based ride hailing company and Uber's biggest Asian rival, said Monday that Chinese ride-sharing company Didi Chuxing and Japan's SoftBank Group Corp. will invest a combined $2 billion to lead Grab's new financing round. Delta Air Lines is allowing some passengers use fingerprints instead of their boarding passes. The pilot program at the Reagan Washington National Airport or DCA will allow members of Delta's SkyMiles loyalty program and enrolled in Clear, a third-party biometric screening program, to use fingerprints as proof of identity to board their plane, the company said in a statement. Oilfield services company Halliburton Co. reported Monday a profit in its second quarter, compared to a hefty loss last year, boosted mainly by strong demand in North America. In pre-market activity on the NYSE, Halliburton shares were gaining 3.9 percent.
comments powered by Disqus
Follow RTT