After Martin Winterkorn resigned from its position as a CEO for Volkswagen Group, the Supervisory Board of the second largest automotive manufacturer in the world had to take a decision. So th 20 members that decide the fate of VAG Group met this Friday and decided that Martin Winterkorn`s position will best suit Matthias Muller, current Chairman of Porsche AG in Stuttgart. He will continue in this function until a successor has been found.
Matthias Müller was born in Chemnitz (Saxony) on June 9, 1953. He completed his high school education in Ingolstadt followed by an apprenticeship as a toolmaker with Audi AG. He then studied computer science at Munich University of Applied Sciences. After obtaining his master’s degree in computer science, Müller resumed his career with Audi AG in Ingolstadt in 1978, becoming Head of the Systems Analysis Division in 1984 and Head of Project Management for the Audi A3 in 1993. He assumed responsibility for Product Management at Audi AG, Seat and Lamborghini in 1995.
Müller moved to Wolfsburg as Head of Product Management of the Volkswagen Group and the Volkswagen brand in 2007 and also became a General Representative of the Volkswagen Group. He has been Chairman of the Executive Board of Porsche AG and a member of the Executive Board of Porsche Automobil Holding SE since 2010. In his function as Chairman of the Executive Board of Porsche AG, Müller was appointed member of the Board of Management of Volkswagen AG effective March 1, 2015.
Matthias Müller’s current contract as a Board member of Volkswagen AG will continue to apply in his new function as CEO. This contract runs until the end of February 2020.
Matthias Müller said: "My most urgent task is to win back trust for the Volkswagen Group – by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation. Under my leadership, Volkswagen will do everything it can to develop and implement the most stringent compliance and governance standards in our industry."
