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Porsche persists in reorganizing its leadership team.

Following the 2024 profit drop, Porsche persists with a restructuring of its board. This reorganization could signal the end of Oliver Blume's dual leadership role.

Porsche's Profit Slump in 2024 Triggers Board Reorganization, Potentially Signifying the End of...
Porsche's Profit Slump in 2024 Triggers Board Reorganization, Potentially Signifying the End of Oliver Blume's Dual Position
Porsche Bolsters Board with New Appointees

Porsche persists in reorganizing its leadership team.

Gear up, folks! Porsche is beefing up its leadership squad. Hot on the heels of Jochen Breckner (48) and Matthias Becker (54), who rose to the ranks of board members for Finance and IT, as well as Sales and Marketing, respectively, at the end of February, two seasoned veterans come galloping in: Vera Schalwig (45) and Joachim Scharnagl (49). These powerhouses take up the mantle of Human Resources and Social Affairs, and Procurement, respectively, setting sail on the high seas of success starting August 19th. The brash sports car manufacturer dropped this bombshell on Monday, leaving jaws a-drooling.

"By welcoming Vera Schalwig and Joachim Scharnagl to our top brass, we're adding two heavy hitters who'll pack a punch for Porsche," exclaimed Oliver Blume, the fearless Chairman of the Executive Board at Porsche AG. "I've got no doubt that they'll knock it out of the park and play a crucial role in our company's ongoing triumph."

Vera Schalwig, the 45-year-old powerhouse, reigns supreme as the head of Human Resources at Porsche's den in Stuttgart-Zuffenhausen. August 19, 2025, will witness her ascension to the pinnacle as the Board Member for Human Resources and Social Affairs, ultimately ousting Andreas Haffner[1][2].

On the other hand, Joachim Scharnagl (49) channels his energy into Procurement for New Vehicle Projects and Supplier Management. As of August 19, 2025, he'll unseat Barbara Frenkel as the Board Member for Procurement[1][2].

With both Schalwig and Scharnagl boasting years of experience within the Porsche universe, they're ready to navigate the company's journey to success in their new roles[2][3]. This latest lineup change at Porsche underscores their commitment to keeping their executive roster balanced with a generous helping of continuity and a sprinkle of fresh insights.

  1. Porsche AG Press Release 1

"Under the leadership of Oliver Blume, Porsche's Executive Board continues to strengthen its ranks, with Vera Schalwig and Joachim Scharnagl joining as Board Members for Human Resources and Social Affairs, and Procurement, respectively, in a strategic move to bolster the company's financial performance."

"In their new roles, Vera Schalwig and Joachim Scharnagl bring extensive experience and a fresh perspective to Porsche's business strategy, focusing on optimizing human resources and strategic procurement to drive the company toward ongoing success."

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