Oliver Blume, new CEO for Porsche

New Executives and members of the board succeed those now devoted to solve the Volkswagen crisis

Eva González Zuffenhausen (Germany), 30 September, 2015

The Supervisory Board of Porsche AG appointed today the 47 years old, Oliver Blume, as the Chairman of the Executive Board of the sports car manufacturer effective October 1st, 2015.
Blume succeeds Matthias Müller, who has taken on the responsibility of managing the crisis at Volkswagen as new CEO of the company.

The supervisory Board of Porsche made as well two more appointments for the Board of the luxury automotive brand:  Lutz Meschke (49 years) becomes the Executive Board Member for Finance and Detlev von Platen (51) has been named as member of the Porsche Executive Board for Sales and Marketing.

Uwe Hück, Chairman of the Group Works Council of Porsche: “Ever since 2010, Matthias Müller has been the ‘turbocharger’, the driving force for great advances at Porsche. He embodies our Porsche DNA. We are not happy to see him go. But his successor, Oliver Blume, is no budding manager; rather he is in full bloom. He has the right drive technology in him, and he is a Porsche person through and through. What I value in him is his down-to-earth nature, his social-mindedness and the way in which he enthuses and rouses our colleagues. He has a big heart and he is one of us. And I think that appointing a Production person to the top position is a strong statement. I am certain that Oliver Blume is the right choice for successfully continuing and further developing what we have built up together with Matthias Müller. If we want to follow through on our planned projects and assure our future, we need continuity.”

The Chairman of the Supervisory Board of Porsche AG, Wolfgang Porsche, is especially pleased to see that “our new member of the Executive Board and new Chairman of the Board come from within the company”.

A production man at the helm

Oliver Blume takes the helm in Zuffenhausen in an exciting time. Porsche is investing over €1.1Bn in its current production sites over the next five years. For instance, a new engine plant and a new body manufacturing plant

Detlev von Platen member of the (Porsche Executive Board for Sales and Marketing). © Porsche A.G.

Detlev von Platen member of the (Porsche Executive Board for Sales and Marketing). © Porsche A.G.

will be built at the company’s main business site. The assembly line in Zuffenhausen will also be extended. In the future, not only will all 911 and Boxster cars come off the assembly line here, but also Cayman models starting in summer 2016.
In upcoming weeks, a decision will be made on the successor to Blume as the Board Member responsible for Production.

New heavy weight in the Sales and Marketing field

Von Platen succeeds Bernhard Maier, who is leaving the company after 14 years and the Board after five years enhamcing the entire sales organisation and systematically driving the company’s international growth first as CEO of Porsche Germany and then, starting in 2010, as Board Member for Sales and Marketing.

Lutz Meschke (Executive Board Member for Finance). © Porsche A.G.

Lutz Meschke (Executive Board Member for Finance). © Porsche A.G.

Von Platen is another sales heavy weight. Under his leadership in the USA the number of new vehicle deliveries nearly doubled from around 26,000 when he assumed his position in 2008 to the current level in this business year. He also opened the new headquarters of Porsche Cars North America this spring in Atlanta, which includes a Customer Experience Center with its own circuit track.

A man from Finance as in Deputy Chairman of the Executive Board

Meschke  succeeds Thomas Edig as Deputy Chairman of the Executive Board. Edig is leaving the company at the end of September to take a position as Board Member for Human Resources at the Volkswagen Commercial Vehicles brand.

Image over the headline.- Oliver Blume (CEO Porsche). © Porsche A.G.

Related Eastwind links (Spanish edition):

Escándalo Volkswagen: 683.626 vehículos afectados, tan sólo en España
(Volkswagen scandal: 683.626 vehicles affected, just in Spain)

Volkswagen devolverá los cobros indebidos por PIVE
(Volkswagen will return all undeserved PIVE subventions)