Porsche Automobil Holding SE has named new Porsche AG CEO Matthias Müller to the executive board of Porsche SE (member with responsibility for general technical product issues) with immediate effect.

Müller, who became CEO on 1 October, succeeds Michael Macht on the board. Macht is now the Volkswagen AG management board member responsible for group production.

The other members of the Porsche SE executive board are Martin Winterkorn (chairman), Hans Dieter Pötsch (finance) and Thomas Edig (commercial and administrative issues).