on Porsche AG (isin : DE000PAG9113)
Dr Michael Steiner Ends Tenure on Porsche Executive Board
Dr Michael Steiner, a prominent figure at Porsche AG, will conclude his tenure as Executive Board Member for Research and Development in May 2027. Having contributed to the sports car manufacturer for nearly 25 years, Steiner's legacy includes significant advancements in Porsche's product range. His role will be succeeded by Jörg Bartels, who brings extensive experience from Mercedes-Benz AG.
Steiner's impact on Porsche encompasses revolutionary strides in electric mobility and innovations such as the Porsche Taycan. In motorsports, under his leadership, Porsche celebrated numerous victories, including triumphs in the LMP1 class and Formula E. Steiner also played a pivotal role in developing Porsche's strategy "Sportwagenschmiede ’35,” which will be carried forward by Bartels.
Jörg Bartels, with over 26 years in the automotive field, will be tasked with furthering Porsche's research and development initiatives. His background includes key responsibilities in powertrain development and leadership roles within Europe and Asia.
R. H.
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