Porsche CEO Oliver Blume is facing imminent dismissal as discussions for his early departure intensify. The supervisory board has initiated talks regarding his exit, signaling a significant shift in leadership.
Blume, who has held the position since 2015, will remain CEO of Volkswagen but will step down from his role at Porsche. This change comes amid ongoing challenges in the automotive sector, particularly as Porsche aims to revitalize its offerings by focusing more on combustion models.
Michael Leiters, a seasoned executive with a history at Porsche and a recent tenure as CEO of McLaren, is poised to succeed Blume. This decision marks a strategic move to navigate Porsche through its current crisis and adapt to the evolving landscape of electric mobility.
As the company restructures, it seeks to address its lag in e-mobility and align its operations with market demands.
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