Porsche names new CEO as leadership and pay structures evolve in 2026
Porsche has appointed a new CEO as part of wider leadership changes. Michael Leiters now leads the company from its Stuttgart-Zuffenhausen headquarters. The move comes alongside shifts in executive pay, with bonuses increasingly tied to financial performance.
Oliver Blume, who previously held dual roles at Volkswagen and Porsche, stepped back from Porsche at the start of 2026. His earnings in 2024 reached roughly €7.4 million, including a base salary, pension contributions, and long-term incentives. Around €1.9 million of that total came directly from Porsche, partly linked to its stock market performance.
In 2025, Blume's pay dropped by about €3 million compared to the previous year. His compensation included a variable bonus designed to reward ambitious financial targets. These bonuses depend on how fully the company meets its annual goals.
Michael Leiters has now taken charge at Porsche, replacing Blume. His appointment follows a period of financial challenges for the brand. While details of Leiters' 2023 pay remain undisclosed, his role will focus on addressing the company's profitability.
The changes mark a shift in Porsche's leadership structure. Blume's earnings reflect a mix of fixed and performance-based pay, while Leiters' task will be to steer the company through its current financial situation. The bonus system remains a key tool for driving profitability targets.
