In a somewhat surprising move, the end of last week brought what may be the beginning of a shift in power within Porsche’s board. 69-year old Hans-Peter Porsche decided to step down following the end of the annual general meeting, while Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani, representing Qatar Holding, will take his place in the carmaker’s supervisory board. The Sheikh will stay on the Porsche board for four years, the remainder of Hans-Peter Porsche’ appointment.
Sheikh Jassim Bin… (read more)