Part 6/9:

In response to these challenges, the Porsche supervisory board has decided to seek new leadership. Bloom, who also serves as the CEO of the Volkswagen Group, has been under immense strain. Official reports confirm that he will be stepping down from his role at Porsche effective from January 1st, with negotiations underway to appoint Michael Leers, the former CEO of McLaren and a Porsche veteran, as his successor.

Bloom’s departure was widely anticipated, following reports of delays in decision-making, frequent absences, and criticisms of his ability to steer Porsche through its ordeal. It is believed that the Porsche and Porsche-Piech family owners recognized that a change at the top was necessary to try and reverse the company's fortunes.