By Christina Amann

BERLIN (Reuters) -Porsche has launched the search for a successor for CEO Oliver Blume, who will give up the position to focus on his role as head of parent company Volkswagen, German business magazine WirtschaftsWoche reported on Wednesday.

Blume’s dual role as head of Volkswagen and Porsche AG has been a contentious issue among shareholders since Porsche’s listing as a separate company in September 2022.

Volkswagen did not immediately respond to a request for comment. Porsche declined to comment on the matter.

Talks are taking place between Blume, Volkswagen’s supervisory board chairman, the works council and representatives of the Porsche and Piech families, WirtschaftsWoche reported, citing high-ranking company and financial sources.

The Porsche and Piech famili

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