Automakers

VW's new CEO Blume plans to downsize management board, report says

VW CEO Blume
Oliver Blume, pictured, who will become CEO of Volkswagen Group on Sept 1, is mulling a management shakeup. (Andreas Gebert/Bloomberg)
R
By:
Reuters
August 10, 2022 10:57 AM

HAMBURG -- Volkswagen Group's incoming CEO, Oliver Blume, aims to shrink the size of the group's management board as one of his first moves after his promotion, several people familiar with the matter told Reuters.

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