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.

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

"Some investors may be constrained by ESG guidelines from owning Porsche AG ... Blume's dual CEO roles as an issue in written comments to Reuters, echoing concerns from Volkswagen investors ...

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.

Issues pertaining to sourcing of parts is also a big concern prompting investors to adopt a far ... The report further highlights that Porsche CEO Oliver Blume is expected to face off against ...

(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 ...

Issues with China ... John Keeble via Getty Images Another problem: Porsche bet heavily on EVs and has seen that business tail off recently. Porsche CEO Oliver Blume said a “refreshed ...

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

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