Porsche AG replaces China CEO, Michael Kirsch, amid 33% sales decline; Alexander Pollich to take over in Sept 2024.
Porsche AG plans to replace its China CEO, Michael Kirsch, amid a 33% sales decline in China. Alexander Pollich, a 23-year company veteran, will become the new China CEO in September 2024. Pollich's main task is to implement a value-oriented growth strategy, focusing on local dealer partnerships and optimizing internal structures, as China accounts for 20% of Porsche's global deliveries.
July 20, 2024
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