Core Insights - Porsche is set to replace its current CEO Oliver Blume amid internal pressures and rising investor dissatisfaction [1][3] - Michael Leiters, who has a strong background with Porsche and experience in the automotive industry, is expected to take over the CEO position [1][3][4] Company Situation - Porsche has faced challenges that have weakened its ability to withstand market fluctuations, including increased export tariffs to the U.S. and uncertainties surrounding its electric vehicle transition [3] - The company has significantly adjusted its planned $2.1 billion investment in its electrification strategy [3] - Porsche's projected operating profit margin for 2025 is only 2%, raising concerns among shareholders [3] Leadership Background - Michael Leiters, 54, previously worked at Porsche for 13 years, leading key projects such as the Cayenne, which helped reshape the brand [3][4] - After leaving Porsche, Leiters served as Chief Technical Officer at Ferrari and later became CEO of McLaren, where he successfully launched new models [3][4] - The supervisory board believes Leiters' experience and technical background will help restore Porsche's stability and competitive edge in the global market [4]