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Press Release

Volkswagen AG’s Supervisory Board appoints Oliver Blume as CEO until the end of 2030

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Michael Brendel
Michael Brendel
Volkswagen Group Communications Head of Supervisory Board Communications
+49 (0) 152 0166 0713 michael.brendel@volkswagen.de
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  • Dual role in Volkswagen Group and Porsche AG will cease as of 1 January 2026

Wolfsburg. Oliver Blume will remain at the helm of the Volkswagen Group in the coming years. The Supervisory Board of Volkswagen Aktiengesellschaft resolved on Friday to conclude a new agreement with Mr. Blume for a term of five years, starting on 1 January 2026. This means Mr. Blume will continue as Volkswagen AG’s CEO until the end of 2030. Mr. Blume has held this post since 1 September 2022.

“In the last three years, Oliver Blume has impressively demonstrated his ability to advance and develop the Volkswagen Group’s strategy and business operations in a challenging environment. The Supervisory Board is confident that, with Mr. Blume on board, it will continue to successfully tackle the tasks ahead together with the Board of Management team,” said the Chairman of the Supervisory Board, Hans Dieter Pötsch.

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Dr. Michael Leiters will become CEO of Porsche AG on January 1, 2026

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Stuttgart. The Supervisory Board of Porsche AG has appointed Dr. Michael Leiters as CEO of Porsche AG, effective as of January 1, 2026. Dr. Oliver Blume, who has led Porsche AG as CEO for ten years, will continue to serve as CEO of Volkswagen Group.

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