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

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

Porsche is no longer delivering its performance on the road. Sales are declining, earnings development is alarming, and the ...

Several major investors pointed to CEO Oliver Blume’s role as head of both Volkswagen and Porsche as the reason, Reuters reported.

The main issue is the fact Oliver Blume, who became the boss of Volkswagen this month, will also stay on as CEO of Porsche ... social and governance - issues are not just about the environment ...

The main issue is the fact Oliver Blume, who became the boss of Volkswagen this month, will also stay on as CEO of Porsche ... social and governance - issues are not just about the environment ...

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 ...

We highlight that Porsche CEO Oliver Blume is also the CEO of Volkswagen. In our view, this is far too much responsibility, particularly given the number of headwinds facing the group currently.