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Volkswagen’s CEO To Step Aside At Skoda

By Minjun Park
1 min read
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volkswagen emblem
In this article (5)

Volkswagen boss Herbert Diess is stepping down as head of the supervisory boards at subsidiaries Seat and Skoda to focus on building up a stronger software-development team, a person familiar with the matter said on Thursday.

Volkswagen declined to comment.

Handelsblatt had reported the news earlier.

At Seat, Diess would be succeeded by current technology head Thomas Schmall and at Skoda by Murat Aksel, head of procurement on the Volkswagen board, the source added.

Volkswagen has been heavily focused on regaining lost ground in the fast-growing field of software-heavy electric cars, where United States and Chinese manufacturers are seen as having a lead.

Questions & Answers

Q.

Why is Volkswagen CEO Herbert Diess stepping down from his roles at Seat and Skoda?

A.

Herbert Diess is stepping aside from these supervisory board positions to concentrate on developing a more robust software-development team for Volkswagen. This is part of a larger effort to compete in electric cars.

Q.

Who will replace Herbert Diess as the head of Skoda's supervisory board?

A.

Murat Aksel, who currently serves as Volkswagen's head of procurement on the board, is set to succeed Herbert Diess as the head of the supervisory board at Skoda. This information comes from a person familiar with the matter.

Q.

What is Volkswagen's main focus in the automotive market currently?

A.

Volkswagen is heavily focused on regaining its competitive position in the rapidly expanding market for software-intensive electric vehicles. The company aims to catch up with manufacturers from the United States and China who are perceived to have a lead.

Q.

Has Volkswagen officially confirmed the news about Herbert Diess's departure from Seat and Skoda?

A.

No, Volkswagen has declined to comment on the news regarding Herbert Diess stepping down from the supervisory boards at Seat and Skoda. The initial report was published by Handelsblatt.

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