Volkswagen CEO Matthias Muller to Resign
Matthias Muller |
Volkswagen AG CEO Matthias Muller, who in his 31 months in the job has slashed budgets and worked to salvage the German automaker’s reputation following the diesel-emissions scandal, is expected to resign as early as this Friday.
The company released a muddled statement referring to “personnel changes" and stating that Muller “showed his general willingness to contribute to the changes." German news reports are more direct: Muller will step down, and his likely replacement is VW division chief Herbert Diess, who joined VW in July 2015 after a 19-year career at BMW.
The company has not confirmed any details.