Published 4 days ago

Porsche starts talks to end CFO, sales chief contracts

Summary by WTVB

BERLIN (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, as it struggles to boost flagging earnings and weak sales in China. German large circulation newspaper Bild was first to report on the talks, with Porsche releasing a statement shortly after that. Porsche did not immediately r…

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