Porsche Appoints Thierry Kartochian as CFO for US

Porsche has appointed Thierry Kartochian as executive vice president (EVP) and chief financial officer (CFO) of Porsche Cars North America (PCNA), headquartered in Atlanta. Kartochian will replace Frank Hoffmann who is pursuing other opportunities outside the company.

Kartochian comes to PCNA from Porsche Business Services (PBS) and Porsche Financial Services (PFS) in Chicago, where he is concurrently EVP and CFO of the respective organisations. His responsibilities at these positions, which started in October of 2008, include executive management of PBS, which provides shared services for PCNA and other Porsche entities in North America.

As CFO of PFS, he is responsible for varied financial services for Porsche’s North American operations, including both the US and Canadian markets. Kartochian further serves as EVP for Porsche Enterprises, the holding company for Porsche in North America that is also located in Chicago.

Prior to accepting this new position at PCNA, Kartochian built 19 years of industry experience within the Porsche Group, including a nine year stint as CFO and HR director of Porsche France Group, where he was responsible for all finance, IT, legal and HR activities.

He began his career at Porsche AG in Stuttgart, Germany, in 1991 as a controlling analyst.


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