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Automakers

Blume will remain CEO of both Porsche and VW

Oliver Blume VW
Oliver Blume says he will remain CEO of VW Group and Porsche for the foreseeable future. (ANDREAS GEBERT/REUTERS)
R
By:
Reuters
March 13, 2023 12:38 PM

FRANKFURT -- Oliver Blume on Monday defended a decision to serve as CEO of both Porsche and Volkswagen Group, a move that has drawn the ire of investors due to governance concerns.

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