The supervisory board of German carmaker Volkswagen is to pick Porsche chief Matthias Müller as its next CEO, media reports say. He's to replace Martin Winterkorn, who resigned over a falsified emission tests scandal.
The head of sports carmaker Porsche, Matthias Müller, would be appointed as Volkswagen's new chief executive on Friday, Reuters and the German business daily "Handelsblatt" reported, citing "sources familiar with the matter." "Bloomberg" also carried a similar report earlier on Thursday.
Müller would replace Martin Winterkorn, who resigned on Wednesday in the wake of a huge scandal over manipulated emissions tests in the US and elsewhere, affecting some 11 million vehicles.
Reuters reported VW's supervisory board would offcially present the new man at the helm after a meeting on Friday.
Müller is the VW Group's former head product strategist and earned more laurels while being in charge of Porsche.
The 62-year-old had been seen as the main favorite for replacing Winterkorn. Born in Chemnitz in East Germany, he originally trained as a tool maker and then graduated in information technology.
He'll be facing the daunting task of fully clearing up the company's current scandal and regaining the trust of consumers worldwide.
hg/msh (AFP, Reuters)