[ad_1]
Herbert Diess, CEO of Volkswagen
Sean Gallup | Getty
Volkswagen CEO Herbert Diess will depart the corporate on the finish of August, the corporate stated Friday. Oliver Blume, presently the CEO of Volkswagen subsidiary Porsche, will succeed Diess as of September 1.
The explanation for Diess’s departure wasn’t introduced.
In an announcement, Volkswagen chairman Hans Dieter Potsch thanked Diess for taking part in “a key position in advancing the transformation of the corporate” away from inner combustion autos, significantly diesels, into a brand new electrical period.
Diess joined Volkswagen from BMW in 2015, entering into the highest job within the wake of the Dieselgate scandal.
This story is creating. Verify again for updates.
[ad_2]
Source link