Porsche Automobil Holding SE entered in Trade RegisterRestructuring Completed – Holding and European Stock Corporation Established
Stuttgart. As planned, Porsche Automobil Holding SE was entered this Tuesday in the Trade Register of Stuttgart District Court (Trade Register No. HRB 724512). Conversion of the Company into a European stock corporation, a Societas Europaea or SE for short, followed the transfer of the operative business of Dr. Ing. h.c. F. Porsche AG to a wholly-owned subsidiary bearing on the name Dr. Ing. h.c. F. Porsche AG and thus continuing the operative business of the Company as well as the tradition of this outstanding manufacturer of sporting premium cars.
In its constitutive meeting in July 2007, the Supervisory Board of the Holding appointed Dr. Wendelin Wiedeking to the position of President and Chief Executive Officer of the SE, with Holger Härter acting as Deputy President and Chief Executive Officer. In his position as Chief Financial Officer, Härter will also take over the Finance Division of the SE. In the same session Dr. Wolfgang Porsche had already been appointed Chairman of the twelve-member Supervisory Board of the SE and
Uwe Hück, the Chairman of the Groups Works Council, was appointed his Deputy.
Like the former AG, the “new” Dr. Ing. h.c. F. Porsche AG (Trade Register No HRB 722287), will again have six Board Members. Apart from
Dr. Wendelin Wiedeking as the President and Chief Executive Officer and Holger Härter as Deputy President and Chief Executive Officer as well as Chief Financial Officer, the other Board Members are Michael Macht (Production and Logistics), Wolfgang Dürheimer (Research and Development), Klaus Berning (Sales and Marketing), and Thomas Edig (Human Resources). The latter has also been appointed Labor Relations Director.