Volkswagen to shake up Porsche board- FT

Newswire

LONDON, June 25 (Reuters) - Volkswagen plans to shake up its management at Porsche SE , as it looks to strengthen its hold on the automaker, the Financial Times reported on Friday. Citing people close to the situation the paper said Volkswagen Chief Executive Martin Winterkorn intended for Matthias Mueller to take charge of Porsche, in a move that could be announced in July. The paper said Porsche's current CEO Michael Macht was being touted as Volkswagen's head of production, replacing ...

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