Michael Leiters will take over as CEO of Porsche on January 1, 2026, replacing Oliver Blume, who will continue in his role as the CEO of the Volkswagen Group.

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Mr Leiters was CEO of McLaren Automotive from mid-2022. He was replaced in April this year when Abu Dhabi's "advanced mobility" investment company bought the British supercar maker from Bahrain's sovereign wealth fund.

Before hopping across the Channel, he was chief financial officer for Ferrari for eight years. Mr Leiters is no stranger to Porsche , working for the firm between

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