Porsche eyes return of SUV boss Leiters to assume 'poisoned chalice'

Core Insights - Porsche's decision to appoint former McLaren CEO Michael Leiters is seen positively by investors, indicating confidence in his ability to revitalize the brand [1] Group 1: Company Strategy - The appointment of Michael Leiters is part of Porsche's strategy to enhance its competitive position in the luxury automotive market [1] - Investors recognize the significant challenges that lie ahead for the new leadership, suggesting a cautious optimism regarding future performance [1] Group 2: Market Reaction - The market response to the leadership change has been favorable, reflecting investor support for Porsche's strategic direction [1]