Categories: Europe

VW Group’s new CEO rose from Audi trainee to Porsche chief

Volkswagen veteran Oliver Blume, who will succeed Herbert Diess as VW Group on Sept. 1, has labored on the multibrand automaker for his entire profession.

Born in Braunschweig, Germany, close to VW’s Wolfsburg headquarters, Blume, 54, joined Audi’s worldwide trainee program in 1994 after learning mechanical engineering at college.

He specialised in manufacturing planning and earned promotions to senior manufacturing roles at Audi after which Seat.

In 2009, he was appointed head of manufacturing planning at VW in Wolfsburg.

Blume joined Porsche’s administration board in command of manufacturing and logistics in 2013.

Two years later, he was promoted to Porsche CEO, spearheading the model’s effort to record on the inventory market because it bolsters funding to shift to electric-driven sports activities vehicles.

Blume has confirmed his operational and strategic abilities in varied positions throughout the group and in a number of manufacturers and “has managed Porsche from a monetary, technological and cultural standpoint with nice success for seven years working,” VW’s supervisory board stated in an announcement on Friday.

“From the board’s standpoint, he’s now the proper individual to steer the group and to additional improve its buyer focus and the positioning of its manufacturers and merchandise,” stated the supervisory board’s chairman, Hans Dieter Poetsch.

Blume will push forward VW Group’s transformation “with a management tradition that makes teamwork a high precedence,” the board’s assertion stated.

Reuters contributed to this report

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