Ex-McLaren Boss Could Take the Wheel at Porsche
The former head of British supercar maker McLaren could take over as CEO of Porsche, the German firm said Friday, as it struggles with weak demand and a troubled shift to electric cars.
Michael Leiters, who headed McLaren from 2022 to April this year, "is available as a potential successor" to current chief executive Oliver Blume, and talks will be initiated, Porsche said in a statement.
Blume has for several years been boss of both Volkswagen and Porsche, one of the German titan's subsidiaries, but has faced pressure to drop the dual role and focus on overhauling the broader VW group.
Leiters previously worked at Porsche for 13 years as well as at Italy's Ferrari.
Blume, meanwhile, will remain CEO of Volkswagen Group, signing a five-year term that begins January 1, the company said Friday.
Author's summary: Ex-McLaren boss may lead Porsche.
More News
- Marines Corps live-fire event at Camp Pendleton to close down large stretch of coastal freeway
- Joshua Jackson and Jodie Turner-Smith have officially canceled their upcoming divorce trial
- ‘No Kings’ protests liveblog: Scenes from around Southern Colorado’s big and small cities and towns
- 'No Kings' protests against Trump planned nationwide, in what the GOP calls 'hate America' rallies
- “Man Utd are quite convinced…” - Fabrizio Romano reveals “complete” star will leave Old Trafford in 2026
- B.C. Lions 37, Edmonton Elks 24: Robert Carter interception, TD run key in surging Vancouver win
- Borrower Monitoring, AI Processing, DPA, Verification Tools; Events and Training; Robots Will do What?
- Manchester United’s stance on Kobbie Mainoo leaving Old Trafford in January revealed
- Fabrizio Romano has terrible news for Tottenham midfielder
- TBA, Appraisal, Reverse Mortgage Tools; STRATMOR on AI and Competition; Can the CFPB be Willed Away?