Dr. Herbert Diess has been named as Chairman of the Board of Management at Volkswagen AG, taking over for Matthias Müller, who has been Chairman since 2015.
“Matthias Müller has done outstanding work for the Volkswagen Group. He assumed the chairmanship of the Board of Management in the fall of 2015 when the Company faced the greatest challenge in its history,” said Hans Dieter Pötsch, Chairman of the Supervisory Board. “Not only did he safely navigate Volkswagen through that time; together with his team, he also fundamentally realigned the Group’s strategy, initiated cultural change and, with great personal commitment, made sure that the Volkswagen Group not just stayed on track but is now more robust than ever before. For that, he is due the thanks of the entire Company.”
With the company reorganizing its management structure, Diess, currently VW brand chief, will also become responsible for Group Development and Research, Rupert Stadler for Group Sales, and Oliver Blume for Group Production. Diess will also be responsible for Vehicle IT, with Frank Witter leading Company IT.
“The Volkswagen Group is a union of strong brands with great potential. Matthias Müller has laid the groundwork for our transformation,” said Diess. “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 digitalization of the automobile and transportation as well as new mobility services.”