Porsche starts talks to end CFO, sales chief contracts

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Porsche starts talks to end CFO, sales chief contracts

^{Published on 2025-02-02 22:20:56 - Reuters}

Porsche's supervisory board has started talks to end finance chief Lutz Meschke's and sales executive Detlev von Platen's contracts early, the German luxury carmaker said in a statement late on Saturday,

Porsche has initiated discussions regarding the potential termination of contracts for its Chief Financial Officer (CFO) Lutz Meschke and its sales chief, Detlev von Platen, as their current contracts are set to expire in 2025. This move comes amidst a broader executive reshuffle within the Volkswagen Group, Porsche's parent company, which has seen several high-profile departures and changes in leadership roles. The talks are part of a strategic review to align the company's leadership with its future business goals, particularly in the context of the automotive industry's shift towards electric vehicles and digitalization. The discussions are still in early stages, and no final decisions have been made regarding their future roles or potential successors.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/porsche-starts-talks-end-cfo-sales-chief-contracts-2025-02-02/ ]

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