Parkin’s share sale contributed 37.2 per cent of the total IPO value
Said Ruschke, "My time in the Middle East has been extraordinary. When we first founded PME there were a lot of roads to cover, namely further establishing relationships with our partners towards a strong future and at the same time paving the way for the launch of the Cayenne."
"In fact, PME has become the fifth largest subsidiary for Porsche worldwide. I am proud to have been a part of it all." said Ruschke at a farewell luncheon hosted in Dubai yesterday.
Taking his place will be Amaury La Fonta who has himself been a marketing professional with Porsche in Europe for over fourteen years, most recently in Stuttgart as the area manager for sales supporting the Porsche subsidiaries in the Asia Pacific region, Australia and Japan.
Parkin’s share sale contributed 37.2 per cent of the total IPO value
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