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The Volkswagen Group's management structure is being extensively revised, with Dr. Herbert Diess taking over Matthias Muller as Board of Management Chairman.

15 Apr 2018 | International News : Germany

The Board of Management and Supervisory Board of Volkswagen Aktiengesellschaft have resolved to extensively revise the Group's management structure. Volkswagen is thus systematically continuing to transform its business and establishing even more efficient Group management in a phase of highly dynamic change in the company and the entire automotive industry.

In order to sustainably implement the new structure, there will be a number of changes on the Board of Management. Matthias Muller steps down as Chairman of the Board of Management by mutual agreement, effective immediately. At its meeting on Thursday, the Supervisory Board appointed Dr. Herbert Diess as his successor.

"My most important task will now be to join with our management team and our Group workforce in consistently pursuing and pushing forward our evolution into a profitable, world-leading provider of sustainable mobility. In a phase of profound upheaval in the automotive industry, it is vital for Volkswagen to pick up speed and make an unmistakable mark in e-mobility, the digitalisation of the automobile and transportation as well as new mobility services," Diess says.
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