Porsche intends to drastically reduce employment by the end of the decade, citing the need to sustain and strengthen the ...

FRANKFURT (Reuters) - Luxury carmaker Porsche replaced its CFO and head of sales on Wednesday with two company veterans as it reshuffles its board in the hopes of reviving flagging performance and ...

Meschke will be replaced by Jochen Breckner, previously head of Porsche AG’s corporate development, while Matthias Becker will take over from von Platen, having previously been in charge of ...

Jochen Breckner will replace Lutz Meschke as chief financial officer, while Matthias Becker will take over as head of sales from Detlev von Platen, the company said. Porsche shares gained as much as 1 ...