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Porsche names 3 directors to supervisory board

Porsche AG, a subsidiary of Volkswagen AG, announced May 22 that it has appointed Gunnar Kilian, Andreas Renschler and Hiltrud Werner to its supervisory board, effective immediately.

The three new directors will all serve as members of Volkwagen's board of management and will succeed Matthias Müller, Karlheinz Blessing and Francisco Javier Garcia Sanz in Porsche.

The personnel changes are in line with the German manufacturing parent's move to reorganize its company structure.

Volkswagen in April named Herbert Diess to replace Müller as CEO.