Porsche Automobil Holding SE said on Friday the supervisory board had extended the appointments of chief executive Martin Winterkorn and chief financial officer Hans Dieter Poetsch by five years, effective 25 November.

Winterkorn and Poetsch are also members of the management board of Volkswagen AG, a Dow Jones report noted.

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now