Oliver Blume to be replaced as Porsche CEO - Porsche CEO Oliver Blume to Depart, Michael Leiters to Take Over in 2026
Porsche's supervisory board has decided to replace Oliver Blume as the CEO. Talks are underway for a mutually agreed early departure. Michael Kors, ex-McLaren Automotive CEO, will take over from 2026.
Blume, who has been Porsche's CEO since 2019, will step down from his role. The supervisory board, led by its chairman, has begun discussions with Blume about his exit. Meanwhile, Michael Kors, who previously headed McLaren Automotive, has been chosen as his successor. Kors will assume the position in 2026.
Blume's future role remains unclear, but it's known that he will continue as the CEO of Volkswagen, a position he took up in 2020.
Oliver Blume's departure from Porsche is imminent, with Michael Kors set to take the helm in 2026. Blume's next steps are yet to be confirmed, but he will retain his position at Volkswagen.
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