The Supervisory Board of Porsche AG has appointed Dr. Michael Leiters as CEO of Porsche AG, effective as of January 1, 2026. Dr. Oliver Blume, who has led Porsche AG as CEO for ten years, will continue to serve as CEO of Volkswagen Group. As CEO of Porsche AG, Oliver Blume paved the way for record financial years, the IPO of Porsche AG, and the expansion into further international markets, as well as historic motorsport successes.
He prepared the generational change in the Porsche Executive Board in a long-term and strategic manner. Dr. Oliver Blume's successor will be Dr. Michael Leiters. Leiters has been CEO of McLaren Automotive since July 2022, having previously served as CTO for Ferrari for more than eight years.
Leiters is no stranger to Porsche AG. Before taking up his position at Ferrari, he held positions at Porsche for more than 13 years, most recently with responsibility for the Porsche Macan and Porsche Cayenne series.
