Ferrari exec takes top job at McLaren

Ferrari’s chief technology officer is to take over the top job at McLaren, the British carmaker has announced.

The luxury supercar and hypercar firm said Michael Leiters will be its new Chief Executive Officer from July 1 this year.

German-born Leiters, 50, holds a doctorate in engineering and has held senior positions at Porsche AG, before more recently occupying the aforementioned role at Ferrari where he oversaw development of the company's Purosangue SUV.

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Leiters will be based at McLaren’s global-headquarters in Surrey, UK, where all the company’s supercars and hypercars are hand-built.

The chief will lead the 3000-strong workforce spanning all global activities, including the McLaren Composites Technology Centre – where the company’s high-performance hybrid series production supercar, the Artura, was developed, deliveries of which are due to be rolled out soon.

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“On behalf of everyone at McLaren, I am delighted to welcome Michael as the new CEO of McLaren Automotive. His extensive industry leadership experience combined with his passion for engineering and future technology will help guide and develop our team as we enter an exciting second decade,” said Paul Walsh, Executive Chairman of the McLaren Group

“I could not be more excited to be joining McLaren Automotive as CEO at this important moment in its journey,” Leiters added. “McLaren is already recognised as one of the world’s most admired luxury supercar companies. I look forward to growing that reputation for our loyal customers, employees, fans and partners as we write the next chapter in McLaren’s illustrious history.”