Porsche Automobil Holding SE, Stuttgart (Porsche SE) held their general annual meeting today. At the meeting, Hans-Peter Porsche* was reappointed to the supervisory board replacing His Excellency Sheikh Jassim bin Abdulaziz bin Jassim Al-Thani, who retired from his position on the supervisory board as of the end of the day on 24 March 2015.
Hans-Peter Porsche was previously a member of Porsche SE’s supervisory board when the company was first established back in 2007. However, Porsche retired from the position in January 2010 in order to make room for Sheikh Al-Thani when the Emirate of Qatar became a shareholder. Now, following the Porsche and Piëch families’ buy-back of their 10% of ordinary shares of Porsche SE in spring 2013, the supervisory board now has the same shareholder representatives as it did prior to Qatar’s investment.
*Hans-Peter Porsche is also a member of the supervisory board of Dr. Ing. h.c. F. Porsche AG, Stuttgart.