Porsche Discloses Employee Compensation Structure for the First Time

[Company News] Porsche has publicly revealed employee compensation details for the first time following shareholder inquiries, with nearly 40% of employees earning annual salaries exceeding RMB 770,000.

Key Development: High Earners Represent a Significant Share

Among Porsche’s approximately 23,000 employees, 9,082 (nearly 40%) reported taxable gross income in 2025 exceeding €100,000 (approximately RMB 777,000), placing them within the top 10% of German earners—roughly double the national average salary of €54,066.

Key Figures: Executive Pay Surpasses CEO’s

201 employees earned more than €300,000 annually, including 28 who surpassed €500,000; only 3 exceeded €1 million. Notably, R&D chief Michael Steiner (€2.1 million) and production head Albrecht Reimold (€2.05 million) earned more than former CEO Oliver Blume (€1.9 million).

Strategic Shift: Culture of Pay Secrecy Broken

Former CFO Lutz Meschke, despite departing at the end of February, still received €266,000 in salary plus over €10 million in contractual severance compensation, highlighting the rigidity of executive contracts in German corporations.