The supervisory board of Dr. Ing. h.c. F. Porsche AG has reappointed Deputy Chairman of the Executive Board and Member of the Executive Board, Finance and IT, Lutz Meschke, for another five years.
Meschke has been a member of the Porsche Executive Board since 2009. He has been the Deputy Chairman of the Executive Board since 2015.
Chairman of the Supervisory Board, Wolfgang Porsche, praised Meschke’s work towards securing sustainable profitability. “For years, Porsche has been one of the most successful automotive companies in the world, “says Porsche. “Lutz Meschke has made a significant contribution towards achieving this.” The car and SUV manufacturer has a profit target of more than 15%, but is part of the Volkswagen Group that is enmeshed in a company threatening Dieselgate emissions scandal.