Porsche has announced the appointment of Michael Leiters as its new CEO, effective January 2026. This decision marks a significant leadership change for the iconic automotive brand, which is known for its innovation and performance. Leiters, who has a strong background in the automotive industry, is expected to drive Porsche's strategic vision forward, particularly as the company continues to navigate the evolving landscape of electric vehicles and sustainability. This leadership transition is crucial for Porsche as it aims to maintain its competitive edge in a rapidly changing market.

Porsche AG has appointed Michael Leiters as its new CEO, bringing in a seasoned leader with a strong background in luxury automotive engineering from McLaren and Ferrari. This move is significant as it signals Porsche's commitment to innovation and a potential shift towards hybrid technology, which could enhance their competitive edge in the luxury car market.