Volkswagen gets a new CEO
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Two days after Volkswagen CEO Martin Winterkorn stepped down amid the company's emissions scandal, the beleaguered company has found a new CEO.
Top Porsche executive Matthias Müller will become Volkswagen's new CEO, the company announced Friday. Müller, 62, previously worked as Volkswagen's head project strategist before moving to Porsche — also owned by the Volkswagen Group — in 2010.
Müller says his top priorities as CEO will be restoring the company's reputation and making changes to how the company runs. "My most urgent task is to win back trust for the Volkswagen Group — by leaving no stone unturned and with maximum transparency," Müller told the BBC. The company recently admitted that roughly 11 million of its cars worldwide were equipped with "defeat devices" to evade pollution tests.
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