The Volkswagen Group has announced that Oliver Blume will take over as chair next month, while continuing in his current position at Porsche AG.

Blume joined the Volkswagen Group in 1994 and, since then, has held management positions for the brands AUDI, SEAT, Volkswagen and Porsche. He has been the chairman of the board of management at Porsche since 2015 and a member of the group board of management since 2018.

“Oliver Blume has proven his operational and strategic skills in various positions within the group and in several brands and has managed Porsche AG from a financial, technological and cultural standpoint with great success for seven years running,” said the chair of the supervisory board, Hans Dieter Pötsch.

“From the supervisory board’s point of view, he is now the right person to lead the group and to further enhance its customer focus and the positioning of its brands and products,” he added.

The Volkswagen Group comprises ten brands from five European countries: Volkswagen, Volkswagen Commercial Vehicles, ŠKODA, SEAT, CUPRA, Audi, Lamborghini, Bentley, Porsche and Ducati.