on Porsche AG (isin : DE000PAG9113)
Dr. Michael Leiters to Lead Porsche AG as New CEO in 2026
Stuttgart-based Porsche AG has announced Dr. Michael Leiters as its new CEO starting January 1, 2026. Dr. Oliver Blume, current CEO, will continue his role at Volkswagen Group. Under Blume's leadership, Porsche achieved record financial results and expanded into new markets. He facilitated the company's IPO and sustained success in motorsport.
Dr. Wolfgang Porsche, Chairman of Porsche AG's Supervisory Board, acknowledged Blume’s significant contributions. He expressed confidence in Leiters, highlighting his extensive experience in the automotive sector. Prior to McLaren and Ferrari, Leiters held crucial roles at Porsche, overseeing models like the Macan and Cayenne.
The transition comes amid significant shifts in major markets such as the USA and China. Blume noted Porsche's strategic realignment to meet new demands, emphasizing improved flexibility and cost structure positioning the company for future success.
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