It would seem like it was just yesterday that Oliver Blume was appointed the head of our favourite sports activities vehicle brand, but would not you know it, that announcement was produced all the way back again in September of 2015! Blume first came on to our radar again in 2013 when he was appointed to Porsche’s government board as the gentleman liable for the company’s manufacturing and logistics. Right after these seven lengthy decades with Blume at the helm, he’ll follow his predecessor Matthias Müller into the function of Volkswagen Group CEO. Müller was replaced by Herbert Diess in 2018 following the previous was ousted by the board. It will be attention-grabbing to see how very long Blume can final as the head of VW Group, due to the fact he’ll be the company’s fifth chief because 2000.

Blume will just take above as CEO of Volkswagen Team on September 1st, as perfectly as having in excess of as Chairman of the Board of Administration for the group. As of suitable now, it is predicted that Blume will continue on on as CEO of Porsche in addition to his new roles long expression. It is achievable he will even keep on on as CEO of both equally companies even right after the alleged approaching Porsche preliminary community offering.

The Chairman of the Supervisory Board, Hans Dieter Pötsch, thanked Herbert Diess on behalf of the overall board: “During his tenure as Chairman of the Board of Management of the Volkswagen Passenger Vehicles Brand name and as Chairman of the Team Board of Management, Herbert Diess performed a crucial job in advancing the transformation of the company. The Group and its manufacturers are practical for the long run its ground breaking abilities and earning electricity are strengthened. Mr. Diess impressively demonstrated the pace at which and consistency with which he was able to carry out far-reaching transformation procedures. Not only did he steer the enterprise through very turbulent waters, but he also applied a essentially new method.” 

“Oliver Blume has demonstrated his operational and strategic expertise in many positions in the Team and in various manufacturers and has managed Porsche AG from a economic, technological and cultural standpoint with wonderful accomplishment for seven many years working. From the Supervisory Board’s position of look at, he is now the correct man or woman to direct the Team and to further improve its consumer aim and the positioning of its brand names and products”, continued Pötsch

Below Blume, Porsche has had numerous decades of strong sales and even expansion in the facial area of unparalleled world turmoil. He’s also overseen Porsche’s increased aim on electromobility and the phenomenal results of the Taycan. For these factors, in addition to the man’s unerring motivation to the VW Team, Blume is a organic decision for the function. Here’s hoping the extra force and accountability doesn’t detract from his commitments to running Porsche.