Jochem Heizmann is likely to be succeeded by Porsche AG Chief Executive Officer Michael Macht as production chief at Volkswagen, according to two insider sources. A final decision has yet to be made but these sources revealed that the preferred candidate is Macht.
These sources said that 49-year-old Macht is Volkswagen CEO Martin Winterkorn's choice to replace Heizmann due to his decade-long experience in leading production at Porsche before he became CEO a year ago. Meanwhile, the favorite candidate to succeed Macht as Porsche CEO is Matthias Mueller, VW's chief product strategist.
VW has a goal of doubling deliveries to 150,000 vehicles in the medium term and to achieve this, it will expand its luxury car lineup.
As Volkswagen and Porsche aim to finalize a merger next year, they continue to engage in talks about its future model strategy and the possibility of sharing platforms.
Last Friday, Porsche SE, its holding company, revealed a nine-month loss of about 700 million euros ($868 million) due to costs related to the VW merger.
Volkswagen and Porsche have declined to comment on the matter. Macht moved to Porsche in 1990 from a research institute where he concentrated on assisting German companies to reorganize.
In 1993, Macht was chosen to run a program set up to optimize production by more closely linking suppliers to the process.