Concurrently serves as Chairman of the Board of VW Group and Porsche
It's already quite news, but Porsche CEO (Chairman of the Board of Management of Porsche AG), announced last Friday (July 22, 2022), dated September 1, 2022. He will be appointed Chairman of the Board of Management of the Volkswagen Group.
Recalling that, it was about two years ago that the first talk was that "Mr. Oliver Blume will be the next VW president."
Reference article:Porsche AG president replaced → Oliver Blume becomes Volkswagen president
Over the last two years, there have been corona issues, and many other things have happened, and after all, no official personnel announcements have been made so far.
This time, I don't know how much connection there is with the story that came out two years ago, but in any case, it was almost decided that Oliver would be the top of the VW group, and the rest. I'm wondering if I just decided the time.
But what surprised me was that Porsche could remain in the same position.
One of the official announcements from Porsche this time was that "Oliver Blume will continue to be Porsche CEO in the long run, and there is also the possibility of Porsche's IPO."
In the opinion of investors, if Porsche IPOs, Oliver's operation of both companies seems not to be very welcome from the opinions of analysts. It looks like it.
Some say, "VW and Porsche will need very clear leadership in the coming months towards an IPO, so it's not a good idea to have both leaderships at the same time." It seems.
Oliver Blume himself made the following comments in response to this announcement:
- I am very excited to be able to lead both the Porsche AG and the VW Group.
- My focus is on customers, brands, and their products.
- And "people" are the most important thing for me.
- Team spirit, fairness, and passion are essential to success, and this applies not only to brands but also to groups.
- If Porsche IPOs, I will continue to lead the Porsche team.
- We have led Porsche to technical, economic and cultural success, and consider ourselves a leader in sustainable mobility.
Oliver Blume was born in Braunschweig and joined the VW group in 1994.
After that, after holding various managerial positions at Audi, SEAT, Volkswagen, and Porsche, he became the CEO of Porsche AG from 2015 after serving as a director in charge of production and logistics of Porsche.
He has also been a member of the Volkswagen Group's Board of Directors since 2018.
It will be interesting to see how the new VW Group will change after September 1st, including what will happen to Porsche's IPO in the future.
However, according to sources (so who is this source (laughs)), Oliver is not the type to turn everything over and do revolutionary things, so suddenly It may not change anything with Dawn ^ ^
Source:
◆ (Official) Generation change in the Volkswagen Group
◆ Consensus-driven Blume will usher in new leadership era at Volkswagen
Related article:Porsche AG president replaced → Oliver Blume becomes Volkswagen president
I'm Rika, the author of this article. Ever since Porsche 911 became my favorite car, I've become totally addicted to Porsche, and I can't stop loving Porsche, so I started this blog. My favorite cars are 911 Carrera (991.2), 911 Carrera Cabriolet (992.1), and 911 Carrera T (992.1).
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