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Porsche’s Matthias Muller Named CEO of Volkswagen Group

Temporary posting until successor for Winterkorn is found.

Porsche AG chairman Matthias Müller has been named the new CEO of Volkswagen AG. He takes over from Martin Winterkorn, who resigned earlier this week in the wake of revelations that Volkswagen diesel cars had “cheater” software to evade U.S. emissions regulations.

Müller, aged 62, said in a statement he wants to move forward from the diesel controversy and hopes he can reassure customers about the brand’s products.

“My most urgent task is to win back trust for the Volkswagen Group,” he said. “Under my leadership, Volkswagen will do everything it can to develop and implement the most stringent compliance and governance standards in our industry.”

Müller’s appointment to Volkswagen is only temporary while the company searches for a successor to Winkterkorn. He will continue to serve as chairman of Porsche during this time. Müller first joined Audi as an apprentice, before starting working for the automaker in Ingolstadt in 1978. He has been chairman of Porsche AG since 2010.

Changes for North America

Despite rumors he was likely to be fired, Volkswagen Group of America CEO Michael Horn will retain his position. However, Volkswagen will consolidate its U.S., Mexican, and Canadian operations under a new North American region, with former Skoda executive Prof. Dr. Winfried Vahland overseeing the group.