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Attempting to regain control of a situation that has entirely spun out of control, Volkswagen’s Supervisory Board—led by labor union executive Berthold Huber—will appoint Porsche CEO Matthias Müller to succeed Martin Winterkorn as VW Group CEO. Winterkorn stepped down in the wake of VW’s diesel emissions scandal. His departure was followed by the firings of VW, Audi, and Porsche’s R&D chiefs Heinz-Jakob Neußer, Ulrich Hackenberg and Wolfgang Hatz. Volkswagen’s U.S. boss, Micheal Horn, is also rumored to be on the firing line.
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The 62-year old Müller has been with the Volkswagen Group for around four decades. Most of his career was spent at Audi, but he served in various positions within the group; in 2010, he became CEO of Porsche.
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Müller enjoys an excellent reputation within the VW Group. “He knows the entire car, and he takes every aspect into account, including technical considerations and cost considerations,” says a confidant who worked closely with Müller.
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Müller’s appointment will ensure a modicum of continuity in a company that seems to be shaken to the core by the scandal, and that has just lost four of the world’s top automotive executives.
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- Diesel Cheating Scandal Claiming Top Engineers at VW
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- How Volkswagen Got Busted Skirting U.S. Emissions Regulations
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- VW Issues Stop-Sale Order for All 2.0-liter TDI Diesel Models
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Müller is almost certain to be an interim CEO; recently, he said he was too old to take the VW CEO post, and he will likely spend some time to groom potential successors.
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The move has not been officially confirmed yet.
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