Investors called upon Porsche CEO Oliver Blume, who also heads parent company Volkswagen, to drop one of his roles on ...

CEO Oliver Blume faced frustrated investors at an annual shareholders meeting, with some criticizing his decision to remain at the helm at both firms.

Friday's announcement that group CEO Herbert Diess would be replaced by Porsche boss Blume has rekindled investor concerns about corporate governance problems at Europe's top carmaker, which some ...

Shareholders of German automaker Volkswagen (VWAGY) criticized the company’s corporate governance on Friday at its virtual ...

FRANKFURT (Reuters) - Volkswagen and Porsche CEO Oliver Blume said his dual role ... keep his role as head of both companies, which some investors have criticised ever since Porsche listed on ...

While we believe in Porsche's narrow moat, we are increasingly concerned about management’s ability to execute. We highlight that Porsche CEO Oliver Blume is also the CEO of Volkswagen.

(Reuters) - Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday ... as possible further supply chain issues for the 911 model, according ...

Weak sales in China, slow EV demand and additional U.S. tariffs have all taken their toll on Porsche’s margin in the first ...

Porsche investors are calling for CEO Oliver Blume to relinquish one of his roles at Porsche or Volkswagen to handle new challenges.