Porsche Appoints Albrecht Reimold to Board, Responsible for Production

By Sarah Sloat

FRANKFURT-Porsche AG said Friday that Albrecht Reimold would join its management board with responsibility for production, replacing Oliver Blume, who recently became chief executive at the sports car maker.

Mr. Reimold, 54, will take up his new post on Feb. 1, transferring to Germany from his current position at a Volkswagen AG plant in Slovakia that also produces the body for Porsche's Cayenne, the company said.

"I know Albrecht Reimold as a knowledgeable team player," Mr. Blume said in a statement. "He knows that achieving the best quality in production facilities depends on people."

Porsche is the sports car unit of Volkswagen AG, Europe's biggest car maker by sales. Since September, the Volkswagen group has made a number of management changes in the wake of an emissions scandal that has touched Volkswagen, Audi, Porsche and other subsidiaries.

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(END) Dow Jones Newswires

December 04, 2015 10:07 ET (15:07 GMT)

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