02.11.2023 Dr. Ing. h.c. F. Porsche AG  DE000PAG9113

EQS-News: Sajjad Khan appointed as Executive Board Member for Car-IT at Porsche


EQS-News: Dr. Ing. h.c. F. Porsche AG / Key word(s): Personnel
Sajjad Khan appointed as Executive Board Member for Car-IT at Porsche

02.11.2023 / 09:02 CET/CEST
The issuer is solely responsible for the content of this announcement.

Sajjad Khan appointed as Executive Board Member for Car-IT at Porsche

  • Oliver Blume: “The new team strengthens our competitive position in the global market.”
  • Close collaboration between Car-IT and Research & Development
  • Both Executive Board divisions headquartered at the Weissach Development Centre

Stuttgart. Sajjad Khan is joining the Executive Board team of Porsche AG with immediate effect. The 50-year-old will head the newly created Car-IT unit for the sports car manufacturer. The unit is responsible for the topics of connectivity and infotainment. In addition, the newly formed team will deal with the requirements for, and the integration of, third-party ecosystems into the vehicle. Sajjad Khan has his office at the Porsche Development Centre in Weissach. In close cooperation with Michael Steiner, Member of the Executive Board for Research and Development, it is from here that he will be helping shape Porsche’s digital future.

“Sajjad Khan enjoys an outstanding international reputation as a digital expert. I am delighted to be able to officially welcome him to our company. With his team, he will effectively strengthen our competitive position in the global market,” says Chairman of the Executive Board Oliver Blume. Sajjad Khan is looking forward to the challenges that the task involves: “Car-IT will be an increasingly important success factor in future. Our task is to meet the exacting Porsche expectations of exclusivity and performance in all respects. Together we have a clear objective: to successfully carry the Porsche legend into the future.”

Sajjad Khan shares offices in Weissach with the Member of the Executive Board for Research and Development, Michael Steiner. This sends a clear signal to his own team. “The enormous changes in the automotive industry present us with major challenges. It is important for the Car-IT and Research & Development departments to work together closely to shape the future of Porsche,” says Michael Steiner, underscoring the importance of the new department.

Sajjad Khan worked at Mercedes-Benz until August 2021 – most recently as Chief Technology Officer and member of the board of the Mercedes-Benz Cars division. He is the eighth member of the Executive Board of Porsche AG and will also lead Porsche’s R&D satellite in China in future. He is also Chairman of the shareholder committee of Porsche Digital and a member of the shareholder committee of Porsche Engineering.

IR Contact:
Bjoern Scheib, Head of Investor Relations
[email protected]

Further information, as well as film and photo material, is available in the Porsche Newsroom: newsroom.porsche.com

02.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Dr. Ing. h.c. F. Porsche AG
Porscheplatz 1
70435 Stuttgart
Phone: +497119110
E-mail: [email protected]
Internet: https://www.porsche.com/international/
ISIN: DE000PAG9113
Listed: Regulated Market in Frankfurt (Prime Standard)
EQS News ID: 1761721

End of News EQS News Service

1761721  02.11.2023 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 23.491,00 25.784,00 28.518,00 28.695,00 33.138,00 37.630,00 0,00
EBITDA1,2 0,00 6.856,00 6.906,00 7.534,00 8.528,00 9.959,00 0,00
EBITDA-Marge3 0,00 26,59 24,22 26,26 25,74 26,47
EBIT1,4 4.144,00 4.289,00 3.862,00 4.177,00 5.314,00 6.770,00 0,00
EBIT-Marge5 17,64 16,63 13,54 14,56 16,04 17,99 0,00
Jahresüberschuss1 0,00 3.118,00 2.801,00 3.166,00 4.038,00 4.957,00 0,00
Netto-Marge6 0,00 12,09 9,82 11,03 12,19 13,17 0,00
Cashflow1,7 0,00 3.845,00 4.486,00 4.140,00 6.416,00 7.114,00 0,00
Ergebnis je Aktie8 0,00 3,42 3,07 3,47 4,43 5,43 5,90
Dividende8 0,00 0,00 0,00 0,00 0,00 1,01 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

Porsche VZ
WKN Kurs in € Einschätzung Börsenwert in Mio. €
PAG911 86,460 Halten 78.765,06
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,72 25,97 0,53 20,41
5,43 11,07 2,09 8,92
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
1,01 1,51 1,75 07.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
29.04.2024 24.07.2024 25.10.2023 12.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
8,75% -8,43% 8,21% -24,62%
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