Porsche Considers Ex-McLaren Executive Leiters as New CEO

TL;DR Summary
Oliver Blume is stepping down as CEO of Porsche but will remain at Volkswagen, amid criticism over his dual role which was seen as a conflict of interest. His leadership at Porsche was marked by record profits and a successful IPO, but the German auto industry faces challenges from Chinese competitors and internal struggles at Volkswagen. Michael Leiters is expected to succeed Blume at Porsche.
- Porsche CEO Oliver Blume to step down DW
- Porsche targets former McLaren boss Leiters to drive revival Reuters
- Possible changes in the Executive Board Porsche Newsroom
- Porsche in Talks to Replace CEO Blume With Former McLaren Boss Yahoo Finance
- Porsche in Talks With Ex-McLaren Boss Leiters for CEO Role Bloomberg.com
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 2 min read
Condensed
82%
368 → 65 words
Want the full story? Read the original article
Read on DW