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Porsche begins search for new CEO

Mint Kolkata

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August 28, 2025

Porsche has begun the search for a successor to chief executive officer (CEO) Oliver Blume, a source close to the matter said, signaling what is likely to be the end of his dual role at the helm of the luxury sports car maker and parent Volkswagen.

- Reuters

Blume's twin posts have been a contentious issue among shareholders since Porsche's listing as a separate company in September 2022, with investors repeatedly calling for him to step down from one of the positions over governance concerns.

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