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VW's CEO Diess ousted after tumultuous tenure, Porsche's Blume to succeed

VW's CEO Diess ousted after tumultuous tenure, Porsche's Blume to succeed

Porsche Chief Executive Oliver Blume will take over from Herbert Diess as CEO of Volkswagen (VOWG_p.DE), the carmaker said on Friday, after a supervisory board vote forced Diess to step down from his four-year tenure following a series of missteps over strategy and communication style.
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