Volkswagen Group CEO Herbert Diess is stepping down and Porsche boss Oliver Blume will take over Diess’s role, VW said on Friday in a surprise shake-up at the world’s second-biggest automaker.
Diess is resigning „by mutual agreement,“ VW said.
Blume, who will continue his role as the head of the Porsche brand, will be flanked by VW’s current Chief Financial Officer Arno Antlitz, who will assume the position of chief operating officer.
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