Porsche Considers Ex-McLaren Executive Leiters as New CEO
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.
