Volkswagen has a new man at the wheel, Herbert Diess. Next up: restructuring the world's leading car company.
The newly appointed chief executive officer of German carmaker Volkswagen has said the company can only be successful in the long term if it stays on the path of a more transparent and open corporate culture.
Herbert Diess will replace Matthias Müller as VW CEO. He has a reputation for driving through difficult changes. From his days reining in costs at BMW, the Austrian has often irritated unions — and delighted bosses.
VW's supervisory board is set to name VW brand chief Herbert Diess as the group's new chief executive, replacing Matthias Müller in what's believed to be a broader management overhaul aimed at boosting efficiency.
In a major leadership reshuffle at Volkswagen, chief executive Matthias Müller is set to make way for VW brand chief Herbert Diess. DW's Janelle Dumalaon says the choice is obvious, if potentially painful.
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