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Porsche Appoints Michael Leiters as Chief Executive Officer
RECENTLY ACQUIREDOct 07, 2026
New to company · from McLaren“He once oversaw the Cayenne at Porsche, then spent eight years as chief technology officer at Ferrari and most recently ran McLaren.”
Position
Chief Executive Officer
Company
Porsche
Michael Leiters
Consumer GoodsSports
Description
Porsche has named Michael Leiters as its new Chief Executive Officer as the company navigates challenging market conditions. The announcement comes as Porsche prepares for its Capital Markets Day, where Leiters will outline his new strategy for the brand.
Company Information
Company
Porsche
About
Porsche, which wants to go carbon-neutral by the end of the decade, said at a briefing that the technology could enable the automaker to continue producing its classic, flat six-engine sports cars into the next decade. In return for its investment, Porsche will receive a 12.5% stake in Santiago de Chile-based HIF Global LLC, a holding company for eFuel production facilities in the U.S., Chile and Australia. Porsche may use the synthetic fuel in its vehicles plying the tracks at its seven Porsche Experience Centers located throughout the world, including Atlanta and Los Angeles.
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