Appointment Of Blume As Volkswagen CEO Ushers In New Era Of Leadership

The appointment of Oliver Blume as the next boss of Volkswagen Group heralds a change in management style that is expected to replace the erratic and unpredictable attitude of his predecessor with a more team-based culture.

A long-time Volkswagen executive who joined the carmaker in 1994, the 54-year-old Blume has hammered home the importance of teamwork and bringing workers into decision-making in nearly every interview he has given -- a contrast to current CEO Herbert Diess' confrontational attitude.

He will become the company’s fourth CEO since 2015, a churn rate that concerns some investors.

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