--- title: "Porsche: Former McLaren CEO as a potential successor for the Executive Board Chairman" description: "On October 17th, Porsche announced that it is negotiating regarding the early termination of Oliver Blume's position as a member of the Executive Board of Porsche. Michael Leiter, the former CEO of Mc" type: "news" locale: "en" url: "https://longbridge.com/en/news/261579195.md" published_at: "2025-10-17T08:45:52.000Z" --- # Porsche: Former McLaren CEO as a potential successor for the Executive Board Chairman > On October 17th, Porsche announced that it is negotiating regarding the early termination of Oliver Blume's position as a member of the Executive Board of Porsche. Michael Leiter, the former CEO of McLaren Automotive, could be a potential successor as the Chairman of the Executive Board, and the company will initiate negotiations with Leiter. Blume will continue to serve as the Chairman of the Executive Board of Volkswagen On October 17th, Porsche announced that it is negotiating regarding the early termination of the position of Porsche Executive Board member held by Oliver Blume. Former McLaren Automotive CEO Michael Leiter could be a potential successor as Executive Board Chairman, and the company will initiate negotiations with Leiter. Blume will continue to serve as Chairman of the Executive Board of Volkswagen ### Related Stocks - [POAHY.US - Porsche](https://longbridge.com/en/quote/POAHY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Porsche may scrap its EV sports car, but this luxury brand won’t | Porsche is considering scrapping its planned 718 Boxster and Cayman EVs due to high development costs, according to CEO | [Link](https://longbridge.com/en/news/276269340.md) | | Porsche launches talks with Blume to end CEO role, company says | Leading members of Porsche's supervisory board have authorised the start of discussions with chief executive Oliver Blum | [Link](https://longbridge.com/en/news/261576109.md) | | Porsche Considers Leadership Change: Dr. Michael Leiters Tapped as Potential Successor to CEO Dr. Oliver Blume | Dr. Ing. h.c. F. Porsche AG is in discussions with Dr. Oliver Blume about potentially terminating his role as Chairman o | [Link](https://longbridge.com/en/news/261574057.md) | | 4-Porsche targets former McLaren boss Leiters to drive revival | Porsche is in talks to appoint former McLaren CEO Michael Leiters as the successor to Oliver Blume, who has faced critic | [Link](https://longbridge.com/en/news/261619642.md) | | Porsche AG's Nine-Month Attributable Profit, Sales Revenue Fall | Porsche AG's Nine-Month Attributable Profit, Sales Revenue Fall | [Link](https://longbridge.com/en/news/262665204.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.