At a glance
- Konrad Riedl (CFO) is taking his planned retirement after 36 years with the company.
- Volker Reichhardt will assume responsibility for the Back Office (CFO function) while continuing in his role as Spokesman of the Management Board.
- Michael Glinski is appointed Chief Commercial Officer (CCO).
“We would like to thank Konrad Riedl for his many years of dedicated and successful service at Porsche. He has made a significant contribution to the development of the financial services business over the years,” says Dr Jochen Breckner, Member of the Executive Board for Finance and IT at Porsche AG. “Michael Glinski will enrich Porsche Financial Services with his extensive international experience. We wish him every success in his new role.”
Konrad Riedl joined Porsche AG in 1990 and held various senior management positions, including Managing Director roles in the US and Japan. In 2003, he joined Porsche Financial Services as Chief Financial Officer. Michael Glinski is currently responsible for the German market at Porsche Financial Services in his role as General Representative. From 2018 to 2024, he served as CEO of Porsche Schweiz AG. Prior to that, he held various management positions at Porsche in France and at the company’s headquarters in Zuffenhausen. Volker Reichhardt has been serving as Spokesman of the Management Board of Porsche Financial Services since 2022.
Porsche Financial Services GmbH has been providing financial services related to the Porsche brand for more than 35 years. Its portfolio also includes services for the exclusive brands Lamborghini, Bentley, and Bugatti. PFS offers its customers to fulfill their dream of a sports car through tailored leasing and financial solutions. In addition, individually customizable insurance and service packages, as well as the Porsche Card, are integral components of the offer.