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Investing.com -- Wayne Griffiths, the head of Volkswagen (ETR:VOWG_p)’s Spanish-based SEAT and Cupra brands, announced on Monday that he would be leaving the company. Griffiths decided to step down from his position voluntarily.
Following Griffiths’ departure, Markus Haupt, currently SEAT’s head of production and logistics, will take over the role on an interim basis. The company is yet to find a permanent successor for Griffiths.
During his tenure, Griffiths played a significant role in establishing Cupra as an independent brand within the Volkswagen Group. Under his leadership, Cupra has recently become one of the fastest-growing car brands in Europe. Volkswagen did not provide further details on Griffiths’ future plans or the reason behind his decision to leave the company.
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