/Porsche Gets A New Boss – Matthias Müller

Porsche Gets A New Boss – Matthias Müller

Matthias Mueller New Chairman of the Porsche AG Board of Management at Porsche Gets A New Boss   Matthias Müller

This wise-looking gentleman is one of VW’s top executives, but starting from October 2010 he’ll be moving to a new office at Porsche headquarters. Matthias Müller, who is 57,  has been appointed by Porsche’s parent company Volkswagen as the new Chairman of the Board of Management. He will replace the younger Michael Macht, who is going back to VW.

Previously in charge of Product Planning, Product Management and Model Series for the VW Group and the Volkswagen Brand, Matthias Müller, from Chemnitz in Eastern Germany, has successfully promoted the development of Product Lines in the last three years within the VW Group.

“Matthias Müller gives us the exceptional competence of an outstanding product expert benefiting the interaction of independent brands within an Integrated Automotive Group leading the market worldwide. Contributing this knowledge, he guarantees that Porsche, as a world brand, will not only maintain, but further expand its top position”, said Dr. Wolfgang Porsche, Chairman of the Supervisory Board of Porsche AG, on the appointment of Müller.

Dr. Porsche also expressed great praise for the outstanding services of the former Chairman of the Board of Management. “Michael Macht took over the leadership of Porsche AG in a period crucial to the Company. Through his skill and many years of experience within the Porsche Group, he has succeeded in re-stabilising the Company within a short time, placing our operations on a strong and solid foundation. Concluding the Fundamental Agreement between Porsche Automobil Holding SE and Volkswagen AG, Michael Macht has played a significant role in setting out the on-going schedule for our fully Integrated Automotive Group.”

The Chairman of the Porsche AG Group Works Council, Uwe Hück, also congratulated the former Chairman of the Board of Management. “I wish Michael Macht all the very best and lots of success in his new position on the Volkswagen Group Board. I know that in future the people at Porsche will remain close to him and that he will continue to work all-out to use the full capacity of our plants in Zuffenhausen and Leipzig to the benefit of the Company.”

Hück also bid a warm welcome to the new Chairman of the Board of Management of Porsche AG. “From numerous talks with Matthias Müller I know that he will maintain Porsche’s unique and independent position also in future. Precisely this makes him the right man for us representatives of the workforce, which is why we give him our full support. We already see him today as a genuine ‘Porsche man’ enabling us to really push down the throttle at all our plants. I am confident that the workforce will work well and successfully with Matthias Müller to the benefit of the Porsche Company as a whole.”

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