Michael Macht
Encyclopedia
Michael Macht was the CEO of the German car manufacturer Porsche
. He was previously head of production on the management board
and was appointed chairman of the management board of Porsche AG and Porsche Automobil Holding on 23 July 2009. He was also on the board of Porsche SE.
, Germany
on 28 August 1960. He studied Mechanical Engineering
at the University of Stuttgart
and then worked at the Fraunhofer Institute for Industrial Engineering
, before joining Porsche in 1990, at first a specialist for engine planning. He later became assistant to the chairman of the management board, and in 1994 he was made managing director of Porsche Consulting. In 1998 he was appointed to the board of Porsche AG, responsible for production and logistics. Macht was also directly involved in the design of Porsche's most controversial models, the Cayenne
and the Panamera
. In July 2009 he was appointed chairman of the management board of Porsche AG, as successor to Wendelin Wiedeking
.
Porsche
Porsche Automobil Holding SE, usually shortened to Porsche SE a Societas Europaea or European Public Company, is a German based holding company with investments in the automotive industry....
. He was previously head of production on the management board
Vorstand
In German corporate governance, a Vorstand is the management board of a corporation. It is hierarchically subordinate to the Aufsichtsrat , as German corporate law imposes a two-tier board system....
and was appointed chairman of the management board of Porsche AG and Porsche Automobil Holding on 23 July 2009. He was also on the board of Porsche SE.
Early life and career
Michael Macht was born in StuttgartStuttgart
Stuttgart is the capital of the state of Baden-Württemberg in southern Germany. The sixth-largest city in Germany, Stuttgart has a population of 600,038 while the metropolitan area has a population of 5.3 million ....
, Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
on 28 August 1960. He studied Mechanical Engineering
Mechanical engineering
Mechanical engineering is a discipline of engineering that applies the principles of physics and materials science for analysis, design, manufacturing, and maintenance of mechanical systems. It is the branch of engineering that involves the production and usage of heat and mechanical power for the...
at the University of Stuttgart
University of Stuttgart
The University of Stuttgart is a university located in Stuttgart, Germany. It was founded in 1829 and is organized in 10 faculties....
and then worked at the Fraunhofer Institute for Industrial Engineering
Fraunhofer Society
The Fraunhofer Society is a German research organization with 60 institutes spread throughout Germany, each focusing on different fields of applied science . It employs around 18,000, mainly scientists and engineers, with an annual research budget of about €1.65 billion...
, before joining Porsche in 1990, at first a specialist for engine planning. He later became assistant to the chairman of the management board, and in 1994 he was made managing director of Porsche Consulting. In 1998 he was appointed to the board of Porsche AG, responsible for production and logistics. Macht was also directly involved in the design of Porsche's most controversial models, the Cayenne
Porsche Cayenne
The Porsche Cayenne is a five seat mid-size luxury crossover manufactured by the German manufacturer Porsche since 2002, with North American sales beginning in 2003. Its platform was developed by Porsche and is shared with the Volkswagen Touareg and the Audi Q7. It is the first V8-engined vehicle...
and the Panamera
Porsche Panamera
The Porsche Panamera is a four-door a coupe. It is front-engined with rear-wheel drive, with four-wheel drive versions also available....
. In July 2009 he was appointed chairman of the management board of Porsche AG, as successor to Wendelin Wiedeking
Wendelin Wiedeking
Dr. Wendelin Wiedeking is the former President and Chief Executive Officer of the German car manufacturer, Porsche AG, a post he held from 1993 through July 23, 2009...
.