Head of Volkswagen Matthias Muller resigned

Head of Volkswagen Matthias Muller resigned

April 13, 2018 0 By autotimesnews

The head of the German autoconcern Volkswagen, Matthias Müller, left his post. This decision was taken by the company’s supervisory board, the press service of the German brand reported. By mutual agreement, the top manager will leave this position immediately. Chairman of the Supervisory Board Hans Dieter Petch thanked Mueller and called his work “outstanding.”

“He took over the management of the concern in the fall of 2015. That’s when the company faced the biggest problem in its history,” Petch said.

In this post Mueller will be replaced by Herbert Diss, who previously was the chairman of the Volkswagen brand. Despite the new appointment, he will retain the old post, the Financial Times reports.
This was not the only permutation in the concern. Also, the CEO of Porsche Oliver Blume joined the Board of Governors of the concern. In turn, the head of Audi Rupert Stadler will also now be responsible for the group’s global sales.

The contract of 62-year-old Matthias Muller expires only in 2020. He took his post in 2015, replacing Martin Winterkorn. The latter resigned after the “diesel scandal”. In May of last year, Matthias Muller himself became an actor in a criminal case. Germany’s prosecutor’s office suspects him, and the head of the supervisory board of the company Dieter Pec and former chairman of the board Martin Winterkorn manipulation of the stock market.