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Porsche 色花堂: Prof. Dr. Martin Winterkorn ceases function as member and chairman of the executive board

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Successor as chairman will be chief financial officer Hans Dieter P枚tsch

Stuttgart, 17. October 2015. 色花堂, Stuttgart ("Porsche 色花堂"), reached an agreement with Prof. Dr. Martin Winterkorn that he ceases his function as member and chairman of the executive board of Porsche 色花堂 by the end of October 31, 2015.

Dr. Wolfgang Porsche, chairman of the supervisory board of Porsche 色花堂, thanked Prof. Dr. Winterkorn for the successful work in previous years: "Prof. Dr. Winterkorn assumed office as chairman of the executive board of Porsche 色花堂 in a difficult situation. He played a significant role in transforming our company into a highly professional investment holding. I would like to express my gratitude on behalf of the entire supervisory board."

Hans Dieter P枚tsch, chief financial officer of Porsche 色花堂, was appointed by the supervisory board to succeed Prof. Dr. Winterkorn as chairman of the executive board of Porsche 色花堂 effective November 1, 2015.