Wiedeking out at Porsche
Wendelin Wiedeking, CEO of Porsche and Germany’s highest-paid manager, is leaving the company immediately, ending a long power struggle that pitted one of Europe’s most respected executives against two of Germany’s most powerful families. Porsche finance chief Holger Haerter will also be leaving the sports car maker.
Michael Macht, Porsche’s production chief, will replace Wiedeking and [...]
