Restructuring of the Porsche board - | Valued and fired - | the curious role of Lutz Meschke
stuttgarter-nachrichten.de/inhalt.umbau-des-vorstands-geschaetzt-und-gefeuert-die-kuriose-rolle-von-lutz-meschke-bei-porsche.5f0806e7-8299-4c09-b9a2-67454626dcce.html
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German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans, owned by Volkswagen AG
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Out of Porsche, but not at VfB Stuttgart: Lutz Meschke keeps his job: The earthquake at Porsche AG meant the end for Lutz Meschke - | he will, however ...
stimme.de/wirtschaft/baden-wuerttemberg/porsche-betriebsrat-ruecktritt-vorstand-neuwahl-meschke-vfb-art-5028042
Porsche-Piëch family wants to diversify investments: The family's plans were announced on Tuesday along with a restructuring of Porsche's board of ...
businessinsider.de/wirtschaft/porsche-se-porsche-piech-familie-will-investitionen-diversifizieren/
VfB Stuttgart - | Out of Porsche AG - | but: Lutz Meschke remains on the supervisory board of VfB AG
cannstatter-zeitung.de/inhalt.vfb-stuttgart-aus-bei-der-porsche-ag-aber-lutz-meschke-bleibt-aufsichtsrat-der-vfb-ag.ec28842b-8e16-46fc-bc1f-57c64babcd8f.html
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VfB Stuttgart - | Out of Porsche AG - | but: Lutz Meschke remains on the supervisory board of VfB AG
stuttgarter-nachrichten.de/inhalt.vfb-stuttgart-aus-bei-der-porsche-ag-aber-lutz-meschke-bleibt-aufsichtsrat-der-vfb-ag.ec28842b-8e16-46fc-bc1f-57c64babcd8f.html
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VW subsidiary Porsche has two new board members: Lutz Meschke and Detlev von Platen are no longer board members of the VW subsidiary Porsche ...
waz-online.de/lokales/wolfsburg/vw-tochter-porsche-hat-zwei-neue-vorstandsmitglieder-XPRUIPVKZJHQDKSRPKRWOK7PIE.html
New board members for marketing and finance: These managers will succeed Lutz Meschke and Detlev von Platen at Porsche
horizont.net/marketing/nachrichten/porsche-vorstand-diese-manager-sind-nachfolger-von-lutz-meschke-und-detlev-von-platen-226117
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Successors for Meschke and von Platen - | Porsche fills board positions from its own ranks
stuttgarter-nachrichten.de/inhalt.nachfolger-fuer-meschke-und-von-platen-porsche-besetzt-vorstandsposten-aus-den-eigenen-reihen-neu.8eaa9066-f1c0-4ac5-8f77-e6ef25049db0.html
Porsche appoints Breckner and Becker as new board members: New faces on the Porsche board. New managers are being installed in key positions at the sports car ...
businessinsider.de/wirtschaft/porsche-ernennt-breckner-und-becker-zu-neuen-vorstaenden/
Personnel: Porsche restructures the board of directors - | The new ones are leaving the company
handelsblatt.com/unternehmen/industrie/personalien-porsche-baut-vorstand-um-die-neuen-kommen-aus-dem-haus/100109919.html
Porsche presents two new board members: The Stuttgart carmaker has found successors for the ousted CFO and the sales director.
sueddeutsche.de/wirtschaft/porsche-vorstand-umbau-li.3209630
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VW plans to freeze salaries: Is Porsche also affected?: Volkswagen apparently plans to freeze the salaries of its approximately 660,000 employees worldwide until ...
stuttgarter-zeitung.de/wirtschaft/vw-will-gehaelter-bis-2030-einfrieren-waere-auch-porsche-betroffen-79589308.html
Key FactsVW pay freeze through 2030 could affect Porsche
Oct 20, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-zeitung.de
Summary created with AI assistance · Source: stuttgarter-zeitung.de
- According to the European and World Group Works Council, executives want to freeze pay for around 660,000 employees worldwide at 2026 levels through 2030.
- The works council explicitly names Audi, MAN and Porsche; their major German companies reportedly fall under metal and electrical industry agreements.
- Pay has not been bindingly frozen, the works council says; collective bargaining will continue through decentralized negotiations.
- With consumer prices rising similarly, employees could lose ten percent or more in purchasing power, the works council estimates.
absurd— The European and World Works Council (E/WKBR) called the plans 'absurd' in a statement, adding that a worldwide implementation is unlikely to be realistic.
Volkswagen and Porsche: Cost-cutting measures at VW: Why Porsche operates differently
stuttgarter-nachrichten.de/wirtschaft/volkswagen-und-porsche-sparhammer-bei-vw-warum-porsche-anders-tickt-79592642.html
Paid articlePaywall Severance packages at Porsche, BMW and Co.: Leave with money, but leave: He was a department head at Porsche, then came the severance offer. And like thousands ...
sueddeutsche.de/projekte/artikel/politik/porsche-abfindungen-bmw-manager-e246426/
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Porsche Mission S: Why it's so important for Porsche - | AUTO BILD: Porsche is looking for its way back to the fast lane. The Mission S shows how a new ...
autobild.de/artikel/porsche-mission-s-warum-porsche-den-supersportler-braucht-28855961.html
Key FactsMission S: Porsche plans new supercar
Oct 16, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: manager-magazin.de
Summary created with AI assistance · Source: manager-magazin.de
- The vehicle currently exists only as a study; unofficial information indicates a price around 500,000 euros.
- Porsche plans a mid-engine platform for further derivatives and potentially models from other group brands.
- The design features Porsche 959 and Carrera GT elements, while the interior references the 550 Spyder and 356.
- Porsche has not disclosed the powertrain; a plug-in hybrid is also envisaged, while a pure electric version is initially ruled out.
Porsche: Locations secured – | but the price for the workforce is high: On Monday, the management of the struggling automaker will present a second restructuring ...
handelsblatt.com/unternehmen/industrie/porsche-standorte-gesichert-doch-der-preis-fuer-die-belegschaft-ist-hoch/100242633.html
VW Profits Plunge: What Volkswagen CEO Blume Says About the Situation: VW has once again reported a sharp drop in profits: How bad is the situation for the ...
zdfheute.de/wirtschaft/unternehmen/blume-vw-chef-konzern-zahlen-interview-100.html
Key FactsVW's Major Cost-Cutting Plan Faces Resistance
Jul 24, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: n-tv.de
Summary created with AI assistance · Source: n-tv.de
- Oliver Blume intends to secure approval for the new cost-saving package from VW's supervisory board by the end of 2026.
- He rejects plant closures until 2030, focusing instead on enhancing competitiveness within existing facilities.
- The workforce reduction in Germany is planned to total 50,000 jobs by 2030, with 35,000 cuts at the VW core brand.
- Annual production capacity will be lowered to about 9 million vehicles, alongside cuts in models and variants.
it's not realistic to talk about factory closures until 2030.— Oliver Blume, CEO of Volkswagen Group, in an interview about VW's savings package
Porsche: Michael Leiters faces a dilemma with VW: Michael Leiters wants to transform Porsche into a lean sports car manufacturer and needs the approval of the ...
faz.net/aktuell/wirtschaft/unternehmen/porsche-michael-leiters-droht-ein-dilemma-mit-vw-201050593.html
Porsche SE - Stimmungswandel im Porsche-Reich: Lob für Leiters, Ansagen für Blume
stuttgarter-nachrichten.de/inhalt.porsche-se-stimmungswandel-im-porsche-reich-lob-fuer-leiters-ansagen-fuer-blume.35cb0b80-f12b-431b-8765-0e73c993efa8.html
Car manufacturer: Porsche boss sees sports car manufacturer in a strong position: Oliver Blume speaks of a serious crisis at Porsche, but believes the sports car ...
handelsblatt.com/unternehmen/industrie/autobauer-porsche-chef-sieht-sportwagenbauer-robust-aufgestellt/100168231.html
From Porsche to Leiters - | The new Porsche boss and his predecessors - | the photos of the powerful
stuttgarter-nachrichten.de/inhalt.von-porsche-bis-leiters-der-neue-porsche-chef-und-seine-vorgaenger-die-fotos-der-maechtigen.28c7e8a5-78a7-4734-b1ee-b1a7d63934e9.html
Key FactsOliver Blume to Relinquish Porsche CEO Role Soon
Oct 17, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: n-tv.de
Summary created with AI assistance · Source: n-tv.de
- Oliver Blume plans to give up his dual role as CEO of Volkswagen and Porsche at the turn of the year to focus on Volkswagen alone.
- Michael Leiters, former McLaren Automotive chief, is the expected successor at Porsche but still requires supervisory board approval.
- Blume has led Porsche since 2015 and additionally took over Volkswagen’s CEO position in 2022.
- Criticism of Blume’s dual leadership intensified amid industry challenges, contributing to several recent executive changes at Porsche.
The CEO cannot be a part-time chief in Wolfsburg and spend the rest of the time at Porsche. This situation must end.— Daniela Cavallo, VW works council chairwoman, at a works meeting.
Porsche and VW in the “valley of tears”: share prices in free fall: Following new profit warnings, VW and Porsche shares are plummeting. Three reasons explain ...
fr.de/wirtschaft/porsche-und-vw-im-tal-der-traenen-kursentwicklung-im-freien-fall-zr-93949666.html
Porsche shares drop out of the Dax - Scout24 and GEA move up: The shares of Stuttgart-based sports car manufacturer Porsche drop out of the Dax ...
swr.de/swraktuell/baden-wuerttemberg/porsche-dax-104.html
Porsche moves into the second stock market league: CEO under pressure after further setback
schwaebische.de/wirtschaft/porsche-biegt-in-zweite-boersenliga-ab-konzernchef-unter-druck-nach-weiterem-rueckschlag-3894704
Porsche AG: Watch out, hot!: Porsche searches for successor to CEO Blume; share shows signs of recovery, RBC remains neutral.
deraktionaer.de/artikel/aktien/porsche-ag-vorsicht-heiss-20385700.html
Key FactsPorsche's CEO Steps Down with Successor to Be Named by 2026
Aug 27, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: fr.de
Summary created with AI assistance · Source: fr.de
- Oliver Blume is preparing to resign as Porsche CEO, with a search for his replacement underway.
- The successor is expected to be announced in autumn and take over by early 2026.
- Porsche faces challenges from its struggling China market and discontinued own battery production plans.
- The planned job cuts at Porsche’s Cellforce subsidiary have drawn sharp criticism from the union.
Electromobility will continue to be an essential drive type for our sports cars.— Oliver Blume, as he describes the future direction of Porsche in the field of electromobility.
Weak sales in China and uncertainty over US tariffs: Porsche plans second cost-cutting program
swr.de/swraktuell/baden-wuerttemberg/porsche-zweites-sparprogramm-100.html
Frustrated Porsche investors call for CEO Blume to drop dual Porsche-VW role: Investors called upon Porsche CEO Oliver Blume, who also heads parent company ...
reuters.com/business/autos-transportation/frustrated-porsche-investors-call-ceo-blume-drop-dual-porsche-vw-role-2025-05-21/
VW Annual General Meeting: Shareholders demand Blume's resignation from Porsche leadership
wiwo.de/unternehmen/auto/vw-hauptversammlung-aktionaere-fordern-blumes-rueckzug-von-porsche-spitze-01/100128893.html
Porsche restructures board of directors: The personnel carousel is turning at Porsche. The board of directors is being further restructured ...
waz-online.de/lokales/wolfsburg/porsche-baut-vorstand-um-IHYP66EQTZCTXE2LB3UC37IAAA.html
Paid articlePaywallKey FactsPorsche Board Undergoes Leadership Renewal
May 12, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: spiegel.de
Summary created with AI assistance · Source: spiegel.de
- Porsche CEO Oliver Blume is restructuring the board to bring in younger managers.
- Purchasing head Barbara Frenkel and HR chief Andreas Haffner are stepping down due to age, with Vera Schalwig and Joachim Scharnagl appointed as their successors.
- The transition is viewed as a planned generational change as Blume revamps the majority of board positions.
- These changes may anticipate Blume's potential departure from the Volkswagen group.
The personnel renewal at sports car speed that Blume is currently executing at Porsche is nonetheless to be understood as preparation for his own departure.— This statement outlines the strategic changes in Porsche's board under Oliver Blume and hints at his potential future decisions.
Porsche wants to get rid of two board members: Porsche wants to part ways with CFO Meschke and sales director von Platen. The reason is the bad figures ...
sueddeutsche.de/wirtschaft/porsche-meschke-platen-vorstand-wechsel-li.3194095
Key FactsPorsche Dismisses CFO and Sales Chief
Feb 2, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: sueddeutsche.de
Summary created with AI assistance · Source: sueddeutsche.de
- Porsche intends to part ways with CFO Lutz Meschke and Sales Chief Detlef von Platen due to poor company performance.
- The profit margin for 2024 is now projected to be between 14 and 15 percent, down from an earlier goal of 15 to 17 percent.
- Meschke's potential dismissal is linked to his critical stance towards Volkswagen and negative headlines regarding real estate dealings.
- Sales Chief von Platen is also being dismissed due to a significant decline in sales in China.
Porsche boss - Blume's great experiment: Can one manager run two Dax companies? Many investors have doubts, but so far it's working.
stuttgarter-nachrichten.de/inhalt.porsche-chef-blumes-grosses-experiment.89544cc3-ba1e-41b5-bf8d-2319e86726fa.html
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