Tag Archives: Dr. Michael Leiters

SAP Races – Porsche sells MHP to Tata Consultancy Services

“Porsche is taking another important step in its strategy to focus resolutely on its core business with the transfer of MHP to Tata Consultancy Services,” said Dr Michael Leiters, Chairman of the Executive Board of Porsche AG. “At the same time, we are gaining a strategic partner in TCS. By combining Porsche’s automotive expertise with TCS’s digital technology and AI capabilities, we will further strengthen our innovative power, increase efficiency and boost our competitiveness in an increasingly data- and software-driven world of mobility.” Continue reading →

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Porsche AG Board Drastically Cuts 2025 Annual Dividend ~50%

“This is a responsible approach for the company and its stakeholders,” said CEO Dr Michael Leiters. “We are ensuring financial flexibility during this transformational phase and systematically supporting our strategic realignment. The management’s goal remains to sustainably strengthen the robustness of the business model and create long-term value.” Continue reading →

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Porsche AG Reorganization 2.0 or The New Strategy 2035

Porsche AG (P911.DE) said today at the company’s annual press conference in Stuttgart that it is shifting into the next gear in the realignment of the company and its product portfolio, which began in 2025 after disastrous financial results.*

“Since I took office, our management team has systematically analyzed the situation and begun a series of initial targeted measures. These include the consistent application of our Value over Volume principle, especially in the difficult market environment of China; and the quality-oriented ramp-up of production of the all-electric Cayenne,” said the new CEO, Dr Michael Leiters. Continue reading →

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Porsche Head of Design – Sühlmann Succeeds Mauer

Porsche AG (P911.DE) said today that a generational change will see Tobias Sühlmann (46 left) succeed Michael Mauer (63 right) as Head of Design at Porsche from 1 February 2026. Sühlmann comes from, ahem, the British sports car manufacturer McLaren. … Continue reading →

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