Investors called upon Porsche CEO Oliver Blume, who also heads parent company Volkswagen, to drop one of his roles on ...

Shareholders of German automaker Volkswagen (VWAGY) criticized the company’s corporate governance on Friday at its virtual ...

CEO Oliver Blume faced frustrated investors at an annual shareholders meeting, with some criticizing his decision to remain at the helm at both firms.

The main issue is the fact Oliver Blume, who became the boss of Volkswagen this month, will also stay on as CEO of Porsche ... social and governance - issues are not just about the environment ...

While the Tesla CEO already pledged to spend more time at Tesla, Volkswagen’s Oliver Blume still has no clear plan for his succession at luxury sports car maker Porsche three years into his term.

We highlight that Porsche CEO Oliver Blume is also the CEO of Volkswagen. In our view, this is far too much responsibility, particularly given the number of headwinds facing the group currently.

Porsche investors are calling for CEO Oliver Blume to relinquish one of his roles at Porsche or Volkswagen to handle new challenges.

The main issue is the fact Oliver Blume, who became the boss of Volkswagen this month, will also stay on as CEO of Porsche ... social and governance - issues are not just about the environment ...