Volkswagen appoints new chief executive

Days after its former CEO resigned, the company announced a new head that will leave ‘no stone unturned’ and build trust through ‘maximum transparency.’

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On Friday, Volkswagen appointed Matthias Müller, head of Porche, as the company’s new CEO following Dr. Martin Winterkorn’s departure this week.

“When it comes to leadership appointments, the Volkswagen Group does not need hasty decisions,” said Bernd Osterloh, Volkswagen’s chairman of the Group Works Council. “We know and value Matthias Müller for his determination and decisiveness. He does not work on his own; rather, he is a team player. That is what Volkswagen needs now.”

Müller said in a company statement that his focus is to “win back trust” for the organization:

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