Volkswagen have appointed Matthias Müller, their top car-model strategist, as CEO of Porsche AG. Müller’s job is to revive Porsche’s lineup of luxury vehicles ahead of the brand’s integration into VW.
Müller, 57, will replace Porsche CEO Michael Macht, who will succeed Jochem Heizmann as VW Group’s production chief, VW and Porsche said in separate statements today. The changes take effect Oct. 1.
Müller led product management at Audi for four years through 2007 before he joined Volkswagen.
Volkswagen CEO Martin Winterkorn is now also CEO of Porsche Automobil Holding SE, the holding company that owns the sports car maker.
Heizmann, 58, a member of Volkswagen’s executive board since February 2007, will head a new division responsible for truck operations, VW said today. His role would be to tighten cooperation between truckmakers Scania AB and MAN SE, people familiar with the matter said in April. Volkswagen holds 71% of the voting rights in Sweden-based Scania and is the biggest shareholder in Munich-based MAN with a 29.9% stake.