VW’s executive committee says there is nobody better than CEO Mueller

Matthias Mueller and VW CEO Job - Safe for now

Volkswagen Chief Executive Matthias Mueller has a secure job for the time being. The company’s executive committee met this week and discussed the CEO’s attempts to clean up the diesel-emissions scandal.

“We discussed many issues at VW yesterday, not only Mr Mueller. We are very conscious that there is no alternative. The question does not arise,” Joerg Hofmann, deputy chairman of the six-man supervisory board committee.

“The impression he gives is that he is working in a very serious and results-oriented way on the problems. People like to speculate but there is neither cause nor reason to express doubt on this issue.”

Hofmann was speaking at a news conference for the IG Metall trade union, of which he is president.

His comments were made after VW said on Tuesday that Mueller had the backing of top players on the supervisory board.

Rumors started last week that Mueller could be replaced because of his poor handling of the Volkswagen scandal in the United States.

Mueller was appointed to the role last September and hadn’t visited the US until January. At one point he said the entire scandal was based on “miscommunication” and that it was not a breach of ethical conduct on his company’s part.

Written by John Howard

John Howard

John Howard is the Business Editor at BusinessPundit.com. He is an avid watcher of markets, a wallflower of retail, and a fan of disruptive businesses that utilize technology and unique ideas to form brilliant new ways of doing business.