According to Volkswagen Group, Herbert Diess, chairman of the board of directors, will step down on September 1 as a result of a mutual agreement after four years in that post.
Oliver Blume, the CEO of Porsche, will follow Diess as the sports brand’s leader, continuing it even after a potential IPO.
The VW Group issued a brief statement in which it thanked Diess for his creative product ideas, redesigned product portfolios, and establishment of a clear focus on electro-mobility, but noted that the change in senior management at the company signals a significant generational shift for the VW Group.
Diess was appointed in charge of the VW Group in the midst of the Dieselgate controversy and had little choice but to stay because of the recent upheaval surrounding a conflict with labor unions about possible job losses. simple to lead.
For the past seven years, Blume has served as Porsche’s CEO. During this time, the Taycan, the brand’s first electric vehicle, has had strong sales. Despite the current scenario, Blume has continued to increase the brand’s sales statistics, and the appointment comes as Porsche and its parent firm Volkswagen Group target an IPO.
Hans Dieter Potsch, the chairman of the VW Group Supervisory Board, stated: “Herbert Diess has played a vital role in driving the company’s transition throughout his tenure as Chairman of the Board of Management of the Passenger Car Brand and Group Chairman of the Board of Management.
