Report: VW to name Porsche boss as CEO

An unnamed source familiar with the matter told Reuters Volkswagen will name the head of Porsche its new CEO.

Matthias Mueller, VW's former head product strategist who joined the group's top management board in March, is said to be favored by a majority of VW's 20-member supervisory board. The board is scheduled to vote on the matter today.

He would succeed Martin Winterkorn, who resigned this week over the recent diesel emissions scandal.

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