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"German car maker Porsche AG said Klaus Berning and Thomas Edig will succeed Hans Riedel and Harro Harmel on the company's executive board.
After working at Porsche for more than 12 years, the 58-year-old Mr. Riedel, the sales and distribution chief, is leaving for personal reasons, Porsche said. Mr. Riedel couldn't be reached to comment.
The supervisory board named Mr. Berning as the new board member responsible for sales. He joins Porsche from BMW AG, where he was senior vice president for sales, responsible for Asia, the Pacific, Africa and Eastern Europe.
Mr. Harmel, 64, will retire. Mr. Edig, 44, will take over Mr. Harmel's post as Porsche's personnel chief, effective May 2007. Mr. Edig joins Porsche from Deutsche Telekom AG."WSJ 7/27/06 B7
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Last edited by Perfectlap; 07-27-2006 at 09:09 AM.
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