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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 ...
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Stocktwits on MSNVolkswagen Shareholders Flag Governance Issues At Car Company, Says ReportShareholders of German automaker Volkswagen (VWAGY) criticized the company’s corporate governance on Friday at its virtual ...
Porsche Earnings: Issues Profit Warning Due to Large, but One-Off Restructuring Costs in Fiscal 2025
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.
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Porsche under pressure to wake up from its EV dreams. Here's whyIssues 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 ...
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.
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