Management Changes at Porsche AG

Porsche AG has announced changes to its management structure. Vera Schalwig has been appointed as the new head of personnel and social affairs, succeeding Andreas Haffner in this role.

• Vera Schalwig’s appointment is effective immediately.
• Michael Steiner will assume the position of deputy CEO, replacing Oliver Blume.

These changes are part of a broader generational shift within the company.

Financial Performance of Porsche SE

Porsche SE has reported a significant loss in the first quarter of 2024. The loss is attributed to difficulties in the company’s core businesses.

• The company’s stock price has experienced fluctuations in the market as a result of these developments.

Key Details

• The changes in management structure are part of a broader effort to adapt the company’s leadership.
• The financial performance of Porsche SE is expected to be closely monitored by investors and analysts.