Preparing Porsche for Departure: Is Blume Ready to Go?

In a recent speech at the Volkswagen plant in Wolfsburg, Daniela Cavallo, the works council chair, criticised the dual role of Oliver Blume, stating that it is not sustainable for him to hold both the CEO positions of Porsche and Volkswagen simultaneously.

Blume, however, has defended his dual role in an interview with the "Frankfurter Allgemeine Zeitung". He argued that the combination of both roles brings benefits to both companies.

The rumours about Blume stepping down as Porsche's CEO have not been officially confirmed, but there are indications that a new CEO will take over in the not-too-distant future. Blume himself has acknowledged that his dual role is not meant to be permanent.

The exact timing for Blume's departure from Porsche's CEO position remains unclear, but discussions about the successor are ongoing. According to recent reports, the decision is expected to be made in autumn 2025, but no specific date has been announced yet.

Cavallo's criticism was echoed by the IG Metall union and influential shareholder representatives, who have raised questions about Blume's ability to lead both companies "to a hundred percent". The Bild newspaper reported that Blume's dual role would not change, with the owner families continuing to support it.

Meanwhile, Porsche had to leave the DAX index, and there are no further details about the inductive charging function for the new Porsche Cayenne EV.

It is worth noting that there is no official confirmation about Porsche's search for a successor for Oliver Blume at this time.

In conclusion, the debate over Oliver Blume's dual role as CEO of Porsche and Volkswagen continues, with questions being raised about his ability to lead both companies effectively. The exact timing for his departure from Porsche and the appointment of a new CEO remain unclear, but discussions are ongoing.