Porsche AG said that it is in talks with its Chief Financial Officer and Sales Head to secure their departure as the luxury automaker considers changes to its executive board.
According to the statement, Porsche’s supervisory board, recently approved talks with Lutz Meschke, Finance Chief and Detlev von Platen, Sales and Marketing Head over earlier terminations of their appointments to the executive board.
The company did not disclose the reasons for the moves.
The Bild newspaper reported, recently that Meschke and von Platen have long been blamed for Porsche’s poor business performance and weak share price.
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