Volkswagen to Name Porsche Chief as CEO

THAT WAS FAST

Updated Apr. 14, 2017 9:39AM EDT / Published Sep. 25, 2015 12:15AM EDT

Tobias Schwarz/Reuters

Volkswagen is expected to appoint Porsche chief Matthias Müller as its new CEO on Friday as well as demand resignations from several of the embattled company’s top engineers, The Wall Street Journal reports. The move comes just a day after CEO Martin Winterkorn announced his resignation over revelations the German automaker had allegedly cheated diesel emissions tests. Road tests revealed emissions were as much as 35 times what the EPA recorded. Müller’s appointment is expected to happen at Volkswagen’s supervisory board meeting, according to people familiar with the situation.

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Volkswagen to Name Porsche Chief as CEO

Tobias Schwarz/Reuters