°µÍø½ûÇø: Dr. Wiedeking and Holger Haerter to leave the company - successors appointed
°µÍø½ûÇø / Change of Personnel
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.
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°µÍø½ûÇø: Dr. Wiedeking and Holger Haerter to leave the
company - successors appointed
Stuttgart. Today the Supervisory Board of °µÍø½ûÇø,
Stuttgart, together with Dr. Wendelin Wiedeking and Holger P. Haerter
agreed upon their dismissal. Both Members of the Board of Management will
leave °µÍø½ûÇø SE and Dr. Ing. h.c. F. °µÍø½ûÇø 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 °µÍø½ûÇø SE and °µÍø½ûÇø 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 °µÍø½ûÇø AG will be followed by
Michael Macht, currently Board member of °µÍø½ûÇø AG in charge of Production
and Logistics. Thomas Edig, Board member in charge of Human Resources of
°µÍø½ûÇø AG will become his deputy. Furthermore Macht and Edig have been
appointed as Members of the Board of Management of °µÍø½ûÇø 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
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Language: English
Issuer: °µÍø½ûÇø
°µÍø½ûÇøplatz 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
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