Volkswagen AG (VOW.XE) Chief Executive Martin Winterkorn will replace Wolfgang Porsche as supervisory board chairman at German carmaker Porsche AG, Germany's Spiegel magazine reports.

Mr. Porsche is due to step down next year, it reports.

Porsche is fully owned by Volkswagen, Europe's biggest auto maker by volume.

VW couldn't be immediately reached for comment.

Magazine website: http://www.spiegel.de

Write to Nina Koeppen at nina.koeppen@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Porsche Automobile (PK) (USOTC:POAHY)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024 Plus de graphiques de la Bourse Porsche Automobile (PK)
Porsche Automobile (PK) (USOTC:POAHY)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024 Plus de graphiques de la Bourse Porsche Automobile (PK)