Company
About us
Porsche SE is a holding company with investments in the areas of mobility and industrial technology. The company employed just under 50 people as of 31 December 2024. As core investments, Porsche SE holds the majority of the ordinary shares in Volkswagen AG and 25% plus one share of the ordinary shares in Porsche AG. We consider ourselves an active anchor investor in this context, shaping the transformation of mobility in a responsible and forward-looking manner with a consistently entrepreneurial mindset.
In addition, Porsche SE acquired minority shareholdings in several technology companies in North America, Europe and Israel and invested in private equity and venture capital funds.
Company
Porsche SE is a holding company with investments in the areas of mobility and industrial technology. The company employed just under 50 people as of 31 December 2024. As core investments, Porsche SE holds the majority of the ordinary shares in Volkswagen AG and 25% plus one share of the ordinary shares in Porsche AG. We consider ourselves an active anchor investor in this context, shaping the transformation of mobility in a responsible and forward-looking manner with a consistently entrepreneurial mindset.
In addition, Porsche SE acquired minority shareholdings in several technology companies in North America, Europe and Israel and invested in private equity and venture capital funds.
The investment strategy of Porsche SE aims to create sustainable value for its shareholders. This is based on the increase in value of assets under management as well as dividend distributions.
The investments of Porsche SE fall into two categories. The first category includes long-term core investments – currently in Volkswagen AG and Porsche AG. The second category comprises portfolio investments that Porsche SE generally holds for a temporary period of time. Typically, such investments are characterized by their high potential for growth and for increasing value during the holding period. Our origin lies with mobility and industrial technology, which is why our focus in both investment categories is on these as well as related areas.
Porsche SE is a European Company (Societas Europaea) and is headquartered at Porscheplatz 1 in 70435 Stuttgart, Germany.
Corporate culture
Our actions are guided by clear principles that look beyond short-term results. As an investment holding company with family ties, we believe in enduring values that remain steadfast in the face of volatile trends and developments. As such, Porsche SE has a keen sense of responsibility towards its shareholders, partners and society at large. We uphold a strong set of values that are centered around integrity, excellence and ambition and are fundamental to our entrepreneurial activities.
These are the values that shape both our investment strategy and how we work with our investment companies and partners. We believe that economic success and contributing to society go hand in hand rather than being mutually exclusive.
The way we see ourselves defines our investment journey, driven by vision, innovation and high standards.
Corporate culture
Our actions are guided by clear principles that look beyond short-term results. As an investment holding company with family ties, we believe in enduring values that remain steadfast in the face of volatile trends and developments. As such, Porsche SE has a keen sense of responsibility towards its shareholders, partners and society at large. We uphold a strong set of values that are centered around integrity, excellence and ambition and are fundamental to our entrepreneurial activities.
These are the values that shape both our investment strategy and how we work with our investment companies and partners. We believe that economic success and contributing to society go hand in hand rather than being mutually exclusive.
The way we see ourselves defines our investment journey, driven by vision, innovation and high standards.
Vision
“Investing in motion”
Mission
As an investment holding company, we invest in companies whose products and innovations contribute to the sustainable transformation of mobility, technology and industry. We help our investment companies to realize their full potential by providing strategic support, access to expert knowledge and financial security.
Board of management
Hans Dieter Pötsch
Chairman of the board of management
Curriculum Vitae
- 28 March 1951
Born in Traun, near Linz, Austria - 1973 - 1979
Study of industrial engineering at the Technical University of Darmstadt, Germany - 1979 - 1987
BMW AG, Munich, Germany - latterly as Head of Group Controlling - 1987 - 1991
General Manager for Finance and Administration at Trumpf GmbH & Co.KG, Ditzingen, Germany - 1991 - 1995
Chairman of the board of management of Traub AG, Reichenbach, Germany - 1995 - 2002
Chairman of the board of management at Dürr AG, Stuttgart; in addition responsible for the central function 'Quality Management, Planning, Internal Auditing and Company Communications' - 2003 - 2015
Member of the board of management of Volkswagen AG, Wolfsburg, Germany, Responsible for 'Finance and Controlling' - since 2009
Member of the board of management of Porsche Automobil Holding SE, Stuttgart, Germany - since 2015
Chairman of the supervisory board of Volkswagen AG, Wolfsburg, Germany - since 2015
Chairman of the board of management of Porsche Automobil Holding SE, Stuttgart, Germany
Appointments
- AUDI AG, Ingolstadt
- Bertelsmann Management SE, Gütersloh
- Bertelsmann SE & Co. KGaA, Gütersloh
- Dr. Ing. h.c. F. Porsche AG, Stuttgart1
- TRATON SE, München (chairman)1
- Volkswagen AG, Wolfsburg (chairman)1
- Wolfsburg AG, Wolfsburg
- Autostadt GmbH, Wolfsburg
- Porsche Austria Gesellschaft m.b.H., Salzburg (chairman)
- Porsche Holding Gesellschaft m.b.H., Salzburg (chairman)
- Porsche Retail GmbH, Salzburg (chairman)
- VfL Wolfsburg-Fußball GmbH, Wolfsburg (deputy chairman)
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
- Listed company
All appointments are outside of the Group.
Appointments as of 31 December 2024
Dr. Manfred Döss
Legal affairs and compliance
Member of the board of management
Curriculum Vitae
- 20 February 1958
Born in Bad Kreuznach, Germany - 1978 - 1984
Studies in law at the University of Mainz, Germany - 1984 - 1987
Post-graduate clerkship - 1987 - 1990
Assistant at the Johannes Gutenberg University, Mainz, Germany - May 1990
Doctorate in law (Dr. jur.) - 1990 - 1996
Employee in the legal department of mg technologies ag, Frankfurt/Main, Germany - 1996 - 2004
Head of the legal department of mg technologies ag (today: GEA AG), Frankfurt/Main, Germany - 2005 - 2013
Head of group legal/board affairs of RWE AG, Düsseldorf, Germany - May 2013 - December 2015
Head of the legal department and general representative of Porsche Automobil Holding SE, Stuttgart, Germany - January 2016 - February 2022
Head of group legal affairs of Volkswagen AG, Wolfsburg, Germany - since January 2016
Member of the board of management of Porsche Automobil Holding SE, Stuttgart, Germany Responsible for 'legal affairs and compliance' - since January 2019
Member of the supervisory board of TRATON SE, Munich, Germany - since February 2022
Member of the board of management of Volkswagen AG, Wolfsburg, Germany, functional responsibility ‘Integrity and Legal Affairs’ - since September 2022
Chairman of the supervisory board of AUDI AG, Ingolstadt, Germany
since August 2025
Member of the supervisory board of PowerCo SE, Salzgitter, Germany
Appointments
- AUDI AG, Ingolstadt (chairman)
- TRATON SE, Munich1
- Grizzlys Wolfsburg GmbH, Wolfsburg
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
- Listed company
All appointments are outside of the Group.
Appointments as of 31 December 2024
Dr. Johannes Lattwein
Finance and IT
Member of the board of management
Curriculum Vitae
- 23 May 1973
Born in Pforzheim, Germany - 1992 - 1993
German Armed Forces, Professional Soldier - 1993 - 1998
Studied Business Administration at the Saarland University, Saarbrücken, Germany and at the University of Southern Colorado (USC), Pueblo, USA - 1998 - 2000
Doctoral student, Finance department, DaimlerChrysler AG, Stuttgart, Germany - 2001
Doctorate in Business Administration (Dr. rer. pol.) at University of Dortmund, Germany - 2001 - 2002
Partner in a strategy consultancy, Transnova Management Services GmbH, Dortmund, Germany - 2002 - 2008
Dr. Ing. h.c. F. Porsche AG, Stuttgart, Germany, various executive and project management functions in the finance area, most recently Assistant to the Deputy Chairman of the Board of Management and CFO - 2008 - 2022
Porsche Automobil Holding SE, Stuttgart, Germany, various executive functions in the finance area, most recently Senior Vice President Finance and Investment Management - 2012 - 2014
Head of Department Corporate Finance & Treasury, Dr. Ing. h.c. F. Porsche AG, Stuttgart, Germany - 2021-2022
Porsche Financial Services GmbH, Bietigheim-Bissingen, Germany, most recently Chairman of the Executive Board (CEO) - since February 2022
Member of the Board of Management of Porsche Automobil Holding SE, Stuttgart, Germany, responsible for 'Finance and IT'
Appointments
- European Transport Solutions S.à r.l., Luxembourg
- Incharge Capital Partners GmbH, Hamburg (since 19 March 2024)
- Vanudis GmbH, Heidelberg (since 27 March 2024)
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
All appointments are outside of the Group.
Appointments as of 31 December 2024
Dear shareholders,
The European automotive industry faced major challenges in the fiscal year 2024. The core investments of Porsche SE, Volkswagen AG and Porsche AG, had to contend with increasingly difficult economic and political conditions, in particular the intensifying competitive situation in the automotive sector, market developments in China, the slower ramp-up of electromobility and further rising geopolitical tensions and protectionist tendencies.
This also had an impact on Porsche SE. The group result after tax of Porsche SE for the fiscal year 2024 amounted to minus 20.0 billion euro (prior year: 5.1 billion euro). It was significantly influenced by the non-cash impairment losses on the carrying amounts of the investments in Volkswagen AG of minus 19.9 billion euro and Porsche AG of minus 3.4 billion euro. The impairment losses recognized have no impact on Porsche SE’s liquidity or net debt. Adjusted for the impairment effects on the two core investments, Porsche SE generated a profit. This is shown by the adjusted group result after tax of 3.2 billion euro compared to 5.1 billion euro in the prior year. The adjusted group result after tax was significantly influenced by the result from the ongoing at equity accounting of shares in Volkswagen of 3.0 billion euro (prior year: 4.8 billion euro) and the result from the ongoing at equity accounting of shares in Porsche AG of 0.5 billion euro (prior year: 0.4 billion euro).
Dear shareholders,
The European automotive industry faced major challenges in the fiscal year 2024. The core investments of Porsche SE, Volkswagen AG and Porsche AG, had to contend with increasingly difficult economic and political conditions, in particular the intensifying competitive situation in the automotive sector, market developments in China, the slower ramp-up of electromobility and further rising geopolitical tensions and protectionist tendencies.
This also had an impact on Porsche SE. The group result after tax of Porsche SE for the fiscal year 2024 amounted to minus 20.0 billion euro (prior year: 5.1 billion euro). It was significantly influenced by the non-cash impairment losses on the carrying amounts of the investments in Volkswagen AG of minus 19.9 billion euro and Porsche AG of minus 3.4 billion euro. The impairment losses recognized have no impact on Porsche SE’s liquidity or net debt. Adjusted for the impairment effects on the two core investments, Porsche SE generated a profit. This is shown by the adjusted group result after tax of 3.2 billion euro compared to 5.1 billion euro in the prior year. The adjusted group result after tax was significantly influenced by the result from the ongoing at equity accounting of shares in Volkswagen of 3.0 billion euro (prior year: 4.8 billion euro) and the result from the ongoing at equity accounting of shares in Porsche AG of 0.5 billion euro (prior year: 0.4 billion euro).
From Porsche SE’s perspective, our core investments need to focus on competitiveness, profitability and the sustainable implementation of their strategic future programs. Against this backdrop, we welcome the “Zukunft Volkswagen” agreement reached between Volkswagen AG and its employee representatives at the end of 2024. Porsche AG has also planned extensive measures to strengthen the company’s profitability in the short and medium term. The measures that have been negotiated are necessary and right. They must now be rigorously implemented.
At the same time, Porsche SE is determined to continue on its path to becoming a diversified investment platform. We continuously review promising investment opportunities, both in portfolio investments and in the segment of potential new core investments. In the fiscal year 2024, we successfully established investments in Flix SE, Waabi and Quantum Systems. We also founded the joint venture Incharge Capital Partners together with the investment company DTCP. The investment focus of the fund jointly launched is on software companies in the field of connected mobility.
Our investment activities are based on robust financial management and our successful refinancing measures provide the necessary financial headroom. In April 2024, we placed two bonds totaling 1.6 billion euro with investors, giving our financing profile an even longer timeline. For us, it was a big success: The transaction was one of the largest unrated bond issues in the world up to that time.
Porsche SE’s financial position is very solid and its financial strength is high. This is reflected in the group’s net debt, which we continued to decrease as planned in the past fiscal year. As of 31 December 2024, it stood at 5.2 billion euro compared to 5.7 billion euro a year before.
For the fiscal year 2025, we expect Porsche SE to record an adjusted group result after tax of between 2.4 billion euro and 4.4 billion euro. In addition, we expect the group’s net debt to be between 4.9 billion euro and 5.4 billion euro as of 31 December 2025.
We will ensure that you, our shareholders, participate in the financial development of Porsche SE in the fiscal year 2024 in the usual reliable and appropriate manner. The board of management and supervisory board therefore propose a dividend for the fiscal year of 1.91 euro per preference share (prior year: 2.56 euro) and 1.904 euro per ordinary share (prior year: 2.554 euro). The decrease in the proposed dividend compared to the prior year’s dividend is mainly due to the expected lower dividend inflow from Volkswagen AG.
Dear shareholders,
It is already becoming apparent that the macroeconomic and political conditions will remain challenging in 2025. We nevertheless believe that Porsche SE is well positioned to be successful in this environment. And we continue to count on your trust and support.
Hans Dieter Pötsch
Supervisory board
Pursuant to the articles of association, the supervisory board of Porsche SE consists of ten shareholder representatives appointed by the annual general meeting. Its composition ensures qualified oversight and advice to the executive board and reflects the company’s international orientation and ownership structure. Information on the Supervisory Board is available here.
Dr. Wolfgang Porsche
Chairman
Chairman of the supervisory board of Dr. Ing. h.c. F. Porsche AG
Dr. Wolfgang Porsche
Chairman
Chairman of the supervisory board of Dr. Ing. h.c. F. Porsche AG
Curriculum Vitae
10 May 1943
Born in Stuttgart, Germany
Education / Academic Career:
1965 - 1971
Studies at the University of World Trade, Vienna, Austria, master's degree in Business Administration (Diplom-Kaufmann)
1973
Doctorate in Commercial Sciences at the University of World Trade, Vienna, Austria
Professional Career:
1973 - 2000
Independent General Importer of Yamaha motorbikes in Austria
1976 - 1981
Functions in various sales divisions in Germany and abroad of Daimler-Benz AG, Stuttgart, Germany
1985 - 2010, since 2014
Managing Director of Porsche Gesellschaft mit beschränkter Haftung, Grünwald, Germany
1988 - 2011
Managing Partner of Porsche Holding Ges.m.b.H., Salzburg, Austria
2000 - 2015
Managing Director of Wolfgang Porsche GmbH, Stuttgart, Germany
since 1978
Member of the Supervisory Board of Porsche Automobil Holding SE (until 2007 operating as Dr. Ing. h.c. F. Porsche AG), Stuttgart, Germany
since 2007
Chairman of the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, Germany
since 2007
Chairman of the Supervisory Board of Porsche Automobil Holding SE, Stuttgart, Germany
since 2008
Member of the Supervisory Board of Volkswagen AG, Wolfsburg, Germany
since 2011
Member of the Supervisory Board of Porsche Holding Gesellschaft m.b.H., Salzburg, Austria
since 2012
Member of the Supervisory Board of AUDI AG, Ingolstadt, Germany
since 2013
Managing Director of the Ferdinand Porsche Familien-Holding GmbH, Salzburg, Austria
since 2021
Managing Director of the Ferdinand Alexander Porsche GmbH, Grünwald, Germany
Appointments
- AUDI AG, Ingolstadt
- Dr. Ing. h.c. F. Porsche AG, Stuttgart (chairman)1
- Volkswagen AG, Wolfsburg1
- Familie Porsche AG Beteiligungsgesellschaft, Salzburg (chairman)
- Porsche Holding Gesellschaft m.b.H., Salzburg
- Schmittenhöhebahn AG, Zell am See (until 23 May 2024)
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
- Listed company
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Dr. Hans Michel Piëch
Deputy chairman
Member of the supervisory board of Volkswagen AG
Dr. Hans Michel Piëch
Deputy chairman
Member of the supervisory board of Volkswagen AG
Curriculum Vitae
10 January 1942
Born in Vienna, Austria
Education / Academic Career:
February 1963
Externisten-Matura (external high school diploma)
1963 - 1968
Studies in Law at the University of Vienna, Austria
1970
Doctorate in Law (Dr. jur.)
Professional Career:
late 1970
Employed at Gulf Oil in Pittsburgh, USA
1971 - 1972
Managing Director of Porsche KG, Stuttgart, Germany
1977 - 2021
Attorney, Vienna, Austria
since 1975
Member of the Supervisory Board of Porsche Holding GmbH, Salzburg, Austria
since 1989
Member of the Supervisory Board of Porsche Automobil Holding SE (until 2007 operating as Dr. Ing. h.c. F. Porsche AG), Stuttgart, Germany
since 2007
Member of the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, Germany
since 2009
Member of the Supervisory Board of AUDI AG, Ingolstadt, Germany
since 2009
Member of the Supervisory Board of Volkswagen AG, Wolfsburg, Germany
Appointments
- AUDI AG, Ingolstadt
- Dr. Ing. h.c. F. Porsche AG, Stuttgart1
- Volkswagen AG, Wolfsburg1
- Porsche Holding Gesellschaft m.b.H., Salzburg
- Schmittenhöhebahn AG, Zell am See
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
- Listed company
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Mag. Josef Michael Ahorner
Member of the supervisory board of AUDI AG
Mag. Josef Michael Ahorner
Member of the supervisory board of AUDI AG
Curriculum Vitae
26 March 1960
Born in Vienna, Austria
Education / Academic Career:
1979
Completion of the Abitur program at the Vienna Business School HAK I, Vienna, Austria
1993
Completion of Studies in Law at the University of Graz (Austria) with the academic degree of “Mag. jur.”
Professional Career:
1996 - 2008
Member of the Partners' Committee (Gesellschafterausschuss) of Porsche Piëch Holding GmbH, Salzburg, Austria
2000 - 2020
Founder and Supervisory Board Chairman of Emarsys eMarketing Systems AG, Vienna, Austria
2006 - 2023
Member of the Executive Board of Ferry Privatstiftung, Salzburg, Austria
since 1986
Managing Director of Ahorner Vermögensverwaltungsgesellschaft mbH, Vienna, Austria
since 2000
Managing Director of Ahorner GmbH, Vienna, Austria
since 2006
Managing Director of Ferdinand Porsche GmbH Stifter Gesellschaft, Salzburg, Austria, and of Louise GmbH Stifter Gesellschaft, Salzburg, Austria
since 2006
Director of Louise Founding Limited, London, United Kingdom
since 2012
Managing Director of Ahorner Holding GmbH, Vienna, Austria
since 2014
Managing Director of ZH 1470 GmbH, Vienna, Austria
since 2015
Member of the Supervisory Board of AUDI AG, Ingolstadt, Germany
since 2015
Administrative Council of Automobili Lamborghini S.p.A., Sant'Agata Bolognese, Italy
since 2018
Member of the Supervisory Board of Porsche Automobil Holding SE, Stuttgart, Germany
Appointments
- AUDI AG, Ingolstadt
- Automobili Lamborghini S.p.A., Sant’Agata Bolognese
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Mag. Marianne Heiß
Member of the supervisory board of Volkswagen AG
Mag. Marianne Heiß
Member of the supervisory board of Volkswagen AG
Curriculum Vitae
2 November 1972
Born in Krems an der Donau, Austria
Education / Academic Career:
1998 - 2002
Studies in corporate accounting, auditing as well as management, human resources and organizational development, earning the academic degree of "Magistra FH", at the University of Applied Sciences Wiener Neustadt, Austria
Professional Career:
1989 - 1991
Bookkeeper, tax consultancy, STABILA GmbH, Vienna, Austria
1991 - 1993
Finances and accounting, Dr. Röhricht – Dr. Schillen GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft (auditing and tax consultancy firm), Bielefeld, Germany
1993 - 1996
Accounting/HR office manager at Dorint Hotel, Hameln, Germany
1996 - 1998
Head of Finance and Accounting at SELLBYTEL GmbH, Nuremberg, Germany
1999 - 2002
Finance Director, PKP BBDO, Vienna, Austria
2002 - 2005
Management Consultant, BBDO Services GmbH, Düsseldorf, Germany
2006 - 2011
Chief Financial Officer, BBDO Düsseldorf GmbH, Düsseldorf, Germany
2011 - 2013
European Finance Director, BBDO Europe Ltd., London, United Kingdom
2013 - 2019
Chief Financial Officer, BBDO Group Germany GmbH, Düsseldorf, Germany
2019 - 2023
Chief Executive Officer, BBDO Group Germany GmbH, Düsseldorf, Germany
2023 - 2024
Member of the Supervisory Board and Chairwoman of the Audit Committee of Flix SE, Munich, Germany
2018 - 2025
Member of the Supervisory Board of Volkswagen AG, Wolfsburg, Germany
since 2018
Member of the Supervisory Board of AUDI AG, Ingolstadt, Germany
since 2018
Member of the Supervisory Board of Porsche Automobil Holding SE, Stuttgart, Germany
since 2024
Member of the Supervisory Board and of the Audit Committee of Paysafe Limited, London
since 2025
Member of the Advisory Board of Alfred Ritter GmbH & Co KG, Waldenbuch
since 2025
Member of the Supervisory Board and of the Audit Committee of Palfinger AG, Bergheim bei Salzburg, Austria
Appointments
- AUDI AG, Ingolstadt
- Flix SE, Munich (until 7 October 2024)
- Volkswagen AG, Wolfsburg1
- Alfred Ritter GmbH & Co. KG, Waldenbuch (since 20 January 2025)
- Paysafe Limited, London1 (since 24 September 2024)
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
- Listed company
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Dr. Günther Horvath
Managing director and self-employed attorney at Dr. Günther J. Horvath Rechtsanwalt GmbH
Dr. Günther Horvath
Managing director and self-employed attorney at Dr. Günther J. Horvath Rechtsanwalt GmbH
Curriculum Vitae
28 July 1952
Born in Salzburg, Austria
Education / Academic Career:
1970 - 1976
Studies in Law at the University of Graz, Austria
1976 - 1977
Master studies of Comparative Law at the New York University, New York City, New York, USA
Professional Career:
1981
Registration as a lawyer in Austria
1982 - 2017
Partner of the law firm Heller Löber Bahn & Partner, now operating as Freshfields Rechtsanwälte PartG mbB, Vienna, Austria
1993 - 2014
Chairman of the Supervisory Board of Management Services Aktiengesellschaft, Salzburg, Austria
2011 - 2013
Member of the ICC International Court of Arbitration, Paris, France
2017 - 2022
President of the Vienna International Arbitral Center (VIAC)
since 2000
Chairman of the Executive Board of IKBE Privatstiftung, Wels, Austria
since 2003
Chairman of the Executive Board of Melodie Privatstiftung, Vienna, Austria
since 2005
Chairman of the Executive Board of Hohensalzburg Privatstiftung, Salzburg, Austria
since 2006
Chairman of the Executive Board of Ferdinand Porsche Privatstiftung, Salzburg, Austria
since 2006
Chairman of the Executive Board of Familie Porsche Privatstiftung, Salzburg, Austria
since 2006
Chairman of the Executive Board of Louise Privatstiftung, Salzburg, Austria
since 2014
Member of the Executive Board of Ferdinand Porsche Familien-Privatstiftung, Salzburg, Austria
since 2015
Deputy Chairman of the Executive Board of ASTOR Privatstiftung, Linz, Austria
since 2017
Managing Director of DREHBONSI GmbH, Salzburg, Austria
since 2018
Owner and Managing Director of Dr. Günther J. Horvath Rechtsanwalt GmbH, Vienna, Austria
since 2018
Member of the Supervisory Board of Porsche Automobil Holding SE, Stuttgart, Germany
since 2020
Member of the Executive Board of Roth Privatstiftung, Graz, Austria
since 2023
Member of the Supervisory Board of Volkswagen AG, Wolfsburg, Germany
since 2024
Managing Director of Neckar GmbH, Salzburg, Austria
since 2024
Managing Director of Günther Horvath GmbH, Luzern, Schweiz
Appointments
- Volkswagen AG, Wolfsburg1
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
- Listed company
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Prof. Dr. Ulrich Lehner
Member of the supervisory board of Porsche Automobil Holding SE
Prof. Dr. Ulrich Lehner
Member of the supervisory board of Porsche Automobil Holding SE
Curriculum Vitae
1 May 1946
Born in Düsseldorf, Germany
Education/Academic Career:
1968 - 1972
Studies in Business Engineering and Mechanical Engineering at the Technical University of Darmstadt, Germany
1972 - 1973
Degree in Business and Mechanical Engineering (Diplom-Wirtschaftsingenieur, Diplom-Ingenieur)
1975
Doctorate (Dr. rer. pol.)
1979 - 1980
Tax Consultant and Auditor
Professional Career:
1975
Auditor at KPMG, Düsseldorf, Germany
1981
Central department accounting/taxes, Henkel KGaA, Düsseldorf, Germany
1983
Controlling department, Fried. Krupp GmbH, Essen, Germany
1986
Head of Central Department Controlling / Accounting / Taxes, Henkel KGaA, Düsseldorf, Germany
1987
Member of the Management Committee, Vice President Finance / Controlling, Henkel KGaA, Düsseldorf, Germany
1991
President and CEO Asia Pacific, Henkel Asia Pacific, Hong Kong, China
1995
Executive Vice President, Finance / Logistics, Henkel KGaA, Düsseldorf, Germany
1999 - 2014
Member of the Advisory Board of Dr. August Oetker KG, Bielefeld, Germany
2000 - 2008
Chairman of the Management Board of Henkel KGaA, Düsseldorf, Germany
2002 - 2015
Member of the Board of Directors and Lead Director for many years of Novartis AG, Basel, Switzerland
2003 - 2018
Member of the Supervisory Board, since 2012 Deputy Chairman of the Supervisory Board of E.ON AG / E.ON SE, Düsseldorf / Essen, Germany
2007 - 2010
President of Chemical Industry Association Germany (VCI), Frankfurt am Main, Germany
2007 - 2016
President of the Chamber of Industry and Commerce Düsseldorf, Germany
2008 - 2013
Member of the Supervisory Board of Henkel Management AG, Düsseldorf, Germany
2008 - 2018
Member of the Supervisory Board, since 2012 Chairman of the Supervisory Board of thyssenkrupp AG, Essen, Germany
2008 - 2021
Member of the Shareholders' Committee of Henkel AG & Co. KGaA, Düsseldorf, Germany
2008 - 2022
Chairman of the Supervisory Board of Deutsche Telekom AG, Bonn, Germany
2013
President of the Board of Directors of Novartis AG, Basel, Switzerland
since 2007
Member of the Supervisory Board of Porsche Automobil Holding SE, Stuttgart, Germany
Appointments
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
- Listed company
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Dr. Sophie Piëch
Managing director at Dr. Hans Michel Piëch GmbH
Dr. Sophie Piëch
Managing director at Dr. Hans Michel Piëch GmbH
Curriculum Vitae
Date of birth: 25 April 1994
Place of birth: Vienna, Austria
Education/Academic Career:
2013 - 2018
Studies in Biochemistry at the University of Zurich, Switzerland
2018 - 2019
Studies in Drug Discovery and Development at University College London, England
2020
Certified Training Course for Preparing Young Professionals for Supervisory Board Activities at AR Next Generation Organisations-GesbR, Vienna, Austria
Professional Career:
2020 - 2025
Doctoral Candidate in the Field of Cancer Research at the CeMM Research Center for Molecular Medicine of the Austrian Academy of Sciences, Vienna, Austria
since 2020
Managing director of Dr. Hans Michel Piëch GmbH, Vienna, Austria
since 2023
Member of the supervisory board of Porsche Holding Gesellschaft m.b.H., Salzburg, Austria
since 2023
Member of the Supervisory Board of Porsche Automobil Holding SE, Stuttgart, Germany
Appointments
- Porsche Holding Gesellschaft m.b.H., Salzburg
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Dr. Ferdinand Oliver Porsche
Member of the board of management of Familie Porsche AG Beteiligungsgesellschaft
Dr. Ferdinand Oliver Porsche
Member of the board of management of Familie Porsche AG Beteiligungsgesellschaft
Curriculum Vitae
13 March 1961
Born in Stuttgart, Germany
Education / Academic Career:
1990
Completion of the Law studies at the University of Salzburg with the academic law degree "Mag. jur."
1992
Doctorate in Law (Dr. jur.)
1994 - 1995
Studies in Business Administration at the University of Toronto, Canada, academic degree MBA
Professional Career:
1994 - 2003
Managing Director of Porsche Design Management GmbH & Co. KG, Salzburg, Austria
since 2002
Managing Director of Real Estate Holding GmbH, Salzburg, Austria
since 2003
Executive Board of Familie Porsche AG Beteiligungsgesellschaft, Salzburg, Austria
since 2003
Deputy Chairman of the Supervisory Board of Lebenshilfe Salzburg gemeinnützige GmbH, Salzburg, Austria
since 2005
Member of the Supervisory Board of Porsche Automobil Holding SE (until 2007 operating as Dr. Ing. h.c. F. Porsche AG), Stuttgart, Germany
since 2009
Member of the Supervisory Board of AUDI AG, Ingolstadt, Germany
since 2009
Member of the Supervisory Board of Volkswagen AG, Wolfsburg, Germany
since 2010
Member of the Supervisory Board of Dr. Ing. h.c. F. Porsche Aktiengesellschaft, Stuttgart, Germany
since 2011
Member of the Supervisory Board of Porsche Holding Gesellschaft m.b.H., Salzburg, Austria
since 2015
Managing Director of Neckar GmbH, Salzburg, Austria
Appointments
- AUDI AG, Ingolstadt
- Dr. Ing. h.c. F. Porsche AG, Stuttgart1
- Volkswagen AG, Wolfsburg1
- Porsche Holding Gesellschaft m.b.H., Salzburg
- Porsche Lifestyle GmbH & Co. KG, Ludwigsburg
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
- Listed company
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Peter Daniell Porsche
Member of the supervisory board of Porsche Automobil Holding SE as well as member of additional control bodies of domestic and foreign commercial enterprises
Peter Daniell Porsche
Member of the supervisory board of Porsche Automobil Holding SE as well as member of additional control bodies of domestic and foreign commercial enterprises
Curriculum Vitae
17 September 1973
Born in Stuttgart, Germany
Education / Academic Career:
1994 - 1997
Studies in Waldorf Education at the HFAP in Dornach, Switzerland
2000 - 2003
Studies in Music Therapy in Havelhöhe (Berlin) including music therapy internships at Filderklinik in Stuttgart, Germany and Friedel-Eder-Schule, Munich, Germany
Professional Career:
since 2003
Executive Board of Familie Porsche AG Beteiligungsgesellschaft, Salzburg, Austria
since 2006
Deputy Chairman of the foundation Familie Porsche Privatstiftung, Salzburg, Austria
since 2014
Shareholder of PDP Holding GmbH, Salzburg, Austria
since 2014
Member of the Advisory Board of Porsche Lifestyle GmbH & Co. KG, Ludwigsburg, Germany
since 2015
Deputy Chairman of the board of trustees of the foundation Volkswagen Belegschaftsstiftung, Wolfsburg, Germany
since 2015
Member of the Supervisory Board of ŠKODA AUTO a.s., Mladá Boleslav, Czech Republic
since 2016
Member of the Board of Directors of AUCANADA S.A.U., Palma de Mallorca, Spain
since 2017
Managing Director of HPP Management Services GmbH, Salzburg, Austria
since 2018
Managing Director of PDP Management Services GmbH, Salzburg, Austria
since 2018
Member of the Supervisory Board of Porsche Holding Gesellschaft m.b.H., Salzburg, Austria
since 2018
Member of the Supervisory Board of Porsche Automobil Holding SE, Stuttgart, Germany
since 2021
Managing director of ZH 1330 GmbH, Salzburg, Austria
since 2021
Managing director of Ferdinand Porsche Familien-Holding GmbH, Salzburg, Austria
since 2021
Managing director of Ferdinand Alexander Porsche GmbH, Grünwald, Germany
since 2022
Deputy chairman of the executive board of Ferdinand Porsche Privatstiftung, Salzburg, Austria
since 2022
Managing Director of Familie Porsche Beteiligung GmbH, Grünwald, Germany
since 2023
Managing Director of Hohensalzburg Spielzeug- und ModellgmbH, Anger, Germany
Appointments
- Porsche Holding Gesellschaft m.b.H., Salzburg
- Porsche Lifestyle GmbH & Co. KG, Ludwigsburg
- ŠKODA AUTO a.s., Mladá Boleslav
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Prof. TU Graz e.h. KR Ing. Siegfried Wolf
Member of the supervisory board of Schaeffler AG as well as member of additional control bodies of domestic and foreign commercial enterprises
Prof. TU Graz e.h. KR Ing. Siegfried Wolf
Member of the supervisory board of Schaeffler AG as well as member of additional control bodies of domestic and foreign commercial enterprises
Curriculum Vitae
31 October 1957
Born in Feldbach, Austria
Education / Academic Career:
1974 - 1981
Vocational training to master toolmaker, Philips, Vienna, Austria
1981 - 1985
Mechanical and Industrial Engineering while employed, Höhere Technische Lehranstalt (Higher Technical Education Institute), Austria
Professional Career:
1981 - 1983
Manager of the precision inspection room and assistant manager of quality control at Vereinigte Metallwerke Wien (United Viennese Metalworks), Vienna, Austria
1983 - 1995
Director for quality control, Plant Director and proxy holder (Gesamtprokurist) at Hirtenberger AG, Hirtenberg, Austria
1995 - 2001
President of Magna Europe AG, Oberwaltersdorf, Austria
1999 - 2001
Vice Chairman of Magna International Inc., Toronto, Canada
2001 - 2002
President and CEO of Magna Steyr AG, Graz, Austria
2002 - 2005
Executive Vice Chairman of Magna International Inc., Toronto, Canada
2005 - 2010
Chief Executive Officer of Magna International Inc., Toronto, Canada
2010 - 2018
Chairman of the Board of Directors of Russian Machines LLC, Moscow, Russia
2010 - 2019
Chairman of the Supervisory Board of PJSC GAZ Group, Nizhny Novgorod, Russia
2010 - 2020
Member of the Board of Directors of Banque Eric Sturdza SA, Geneva, Switzerland
2010 - 2021
Member of the Supervisory Board of Continental AG, Hanover, Germany
2012 - 2022
Chairman of the Supervisory Board of Sberbank Europe AG, Vienna, Austria
2016 - 2018
Member of the Supervisory Board of UC RUSAL Plc, Nicosia, Cyprus
2020 - 2022
Member of the Supervisory Board of PJSC GAZ Group, Nizhny Novgorod, Russia
2021 - 2024
Chairman of the Supervisory Board of Vitesco Technologies Group AG, Regensburg, Germany
since 2014
Member of the Supervisory Board of Schaeffler AG, Herzogenaurach, Germany
since 2015
Member of the Supervisory Board of MIBA AG, Mitterbauer Beteiligungs AG, Laakirchen, Austria (according to § 28a paragraph 5 no. 5 of the Austrian Banking Act (Bankwesengesetz) a single supervisory board activity)
since 2019
Member of the Supervisory Board of Porsche Automobil Holding SE, Stuttgart, Germany
since 2021
Chairman of the Supervisory Board of Steyr Automotive GmbH, Steyr, Austria
Appointments
- Schaeffler AG, Herzogenaurach1
- Vitesco Technologies Group AG, Regensburg (chairman) 1 (until 1 October 2024)
- MIBA AG, Mitterbauer Beteiligungs AG, Laakirchen (in accordance with Sec. 28a (5) No. 5 Austrian Banking Act a position on the supervisory board)
- Steyr Automotive GmbH, Steyr (chairman)
- Membership in German statutory supervisory boards
- Comparable appointments in Germany and abroad
- Listed company
All appointments are outside the Group.
Appointments as of 31 December 2024, unless otherwise stated
Corporate Governance
Declaration of compliance
Below you will find the Declaration of Compliance pursuant to Sections 289f and 315d of the German Commercial Code (HGB), as well as a list of all current committees of the Supervisory Board of Porsche Automobil Holding SE and their respective members.
Declaration of compliance
Declaration on Corporate Governance Code
This section enables you to download the Declaration on conformity with the Corporate Governance Code of the past years.
Declaration on Corporate Governance Code
Remuneration for the members of the board of management
Here you find further information on the current remuneration system of the members of the Board of Management of Porsche Automobil Holding SE.
Remuneration for the members of the board of management
In connection with the German Act Implementing the Second Shareholders' Rights Directive (Gesetz zur Umsetzung der zweiten Aktionärsrechterichtlinie (ARUG II)) and the new German Corporate Governance Code in the version effective as of 20 March 2020, the Supervisory Board resolved on a new remuneration system for the Board of Management. The remuneration system adopted by the Supervisory Board has been submitted to the Annual General Shareholders' Meeting on 23 July 2021 for approval under agenda item 6. The Annual General Shareholders' Meeting approved the remuneration system for the Board of Management with a majority of 100% of the valid votes cast.
The refined remuneration system has been submitted to the Annual General Shareholders' Meeting on 11 June 2024 for approval under agenda item 8. The Annual General Shareholders' Meeting approved the refined remuneration system for the Board of Management with a majority of 100% of the valid votes cast.
On 20 March 2025, the supervisory board resolved to further refine the remuneration system for the members of the board of management. The refined remuneration system has been submitted to the Annual General Shareholders' Meeting on 23 May 2025 for approval under agenda item 7. The Annual General Shareholders' Meeting approved the refined remuneration system for the Board of Management with a majority of 100% of the valid votes cast.
Remuneration of the board of management
- Further developed remuneration system for the members of the board of management 2025
- Invitation to the Annual General Meeting 2025
- Voting Results Annual General Meeting 2025 item no. 7
- Further developed remuneration system for the members of the board of management
- Invitation to the Annual General Meeting 2024
- Voting results Annual General Meeting 2024 item no. 8
- System of remuneration for the members of the board of management
- Invitation to the Annual General Meeting 2021
- Voting results Annual General Meeting 2021 item no. 6
Remuneration for the members of the supervisory board
Here you find further information on the current remuneration of the Supervisory Board members of Porsche Automobil Holding SE.
Remuneration for the members of the supervisory board
The remuneration paid to the Supervisory Board members is set out in Art. 13 of the company's articles of association. The remuneration of the Supervisory Board members was submitted to the Annual General Shareholders' Meeting on 23 July 2021 for resolution under agenda item 7. The Annual General Shareholders' Meeting confirmed the remuneration of the Supervisory Board members with a majority of 100% of the valid votes cast.
The remuneration of the Supervisory Board members was again submitted to the Annual General Shareholders' Meeting on 23 May 2025 for resolution under agenda item 8. The Annual General Shareholders' Meeting confirmed the remuneration for the supervisory board members of Porsche Automobil Holding SE under the current abstract remuneration system with the disclosures required under Sec. 87a (1) Sentence 2 AktG and the provisions on the remuneration of the supervisory board members specifically stipulated in Art. 13 of the articles of association with a majority of 100% of the valid votes cast.
Remuneration for the members of the supervisory board
- Remuneration for the members of the supervisory board 2025
- Invitation to the Annual General Meeting 2025
- Voting Results Annual General Meeting 2025 item no. 8
- Remuneration for the members of the supervisory board
- Invitation to the Annual General Meeting 2021
- Voting results of the Annual General Meeting 2021 item no. 7