Ex-Group CEO: Müller also resigns at VW parent company Porsche SE

Matthias Müller

After the departure of the mangers, the executive board of Porsche SE consists of only three members.

(Photo: AFP)

Ex-VW CEO Matthias Müller also places his post on the board of Volkswagen-Dachgesellschaft Porsche SE low. This step was taken in agreement with the Supervisory Board, said the holding on Monday in Stuttgart. The succession is not yet decided. The board of the Porsche SE For now there are only three members.

Volkswagen had surprisingly rebuilt its own management team in the middle of April. The previously responsible only for the core brand VW Herbert Diess replaced Müller at the head of the group,

Porsche SE (PSE) holds a good 52 percent of the voting rights in Volkswagen AG. It is controlled by the Porsche and Piëch families and is closely interwoven with Volkswagen. Its CEO Hans Dieter Pötsch is also Chairman of the Supervisory Board of VW.

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