Leadership Changes

Porsche weighs early exit for production board chief Albrecht Reimold

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Albrecht Reimold faces an earlier-than-expected departure from Porsche.

Porsche's supervisory board is expected to decide whether production chief Albrecht Reimold will step down months before his contract ends, as the sports car maker continues reshaping its leadership amid mounting market and operational pressures.

Albrecht Reimold could relinquish his office as Porsche's board member for production earlier than previously planned. As reported by Handelsblatt, citing company and supervisory board circles, the 65-year-old is set to leave the sports car manufacturer as early as 1 September 2026. His contract is actually due to run until the beginning of 2027.

The Porsche supervisory board is to decide on the personnel matter at its meeting on 22 July. There has so far been no official confirmation from the company. In response to an enquiry from Handelsblatt, Porsche said that as a matter of principle, it does not comment on board matters that fall within the responsibility of the supervisory board.

If Reimold were to leave early, Porsche would continue the restructuring of its top management. Only a few months ago Michael Leiters had taken over the chairmanship of the executive board from Oliver Blume. Since then, Blume has been concentrating on leading the Volkswagen Group. A task for which hardly anyone currently envies him.

Porsche is under pressure, among other things because of weaker business in China, high costs, and the ongoing realignment. According to the report, the production division is to remain independent and be newly staffed. A merger of production and procurement is therefore no longer planned.

The Handelsblatt names Wolfram Kirchert, head of the Volkswagen plant in Bratislava, and Christian Friedel, who is currently responsible for quality assurance at Porsche, as possible successors. Whether one of the two managers will actually be selected remains open so far. According to the report, the new Board Member for Production should, if possible, present the future strategy of the sports car manufacturer together with the rest of the leadership as early as the Capital Markets Day on 7 October.