VW ousts CEO Herbert Diess, replaces him with Porsche boss
Blume, 54, has been viewed as a potential successor to Diess for some time, though any changeover was seen as years away. VW’s board extended Diess’s contract around this time last year to 2025.
Less than two hours before VW announced Diess’s departure from the management board, he tweeted out a LinkedIn post wishing employees a happy summer holiday and wrote that the company was in good shape for the second half of the year., then rose through the ranks at Seat and the company’s namesake brand before joining Porsche in 2013 as head of production. He managed to largely contain Porsche’s involvement in the diesel-emissions scandal that cost the manufacturer more than 30 billion euros .
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