Volkswagen Group CEO Oliver Blume is set to relinquish his role as chairman of Porsche's executive board from the beginning of 2026.
The move, confirmed to various German media outlets by a series of internal sources, follows mounting pressure over the 57-year-old German’s dual leadership position that has seen him split responsibilities between the Volkswagen Group and Porsche for the past three years, drawing increasing scrutiny from investors and unions.
Germany’s Bild newspaper said insiders describe Blume’s chosen successor at Porsche as “an established figure within the Volkswagen Group with strong technical credentials”.
