Finance
CEO of VW's Spanish unit SEAT steps down
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
Wayne Griffiths resigns as SEAT CEO as the company prepares for electric vehicle production. Markus Haupt steps in temporarily.
BARCELONA (Reuters) -The chairman and chief executive of Volkswagen's Spanish unit SEAT, Wayne Griffiths, is stepping down as SEAT prepares to start producing fully electric vehicles in Spain, the German carmaker said on Monday.
The decision came at Griffiths' request and it is effective on Monday, Volkswagen said in a statement.
Markus Haupt, Seat's Board Member for Production and Logistics, will temporarily take over the management of the company and a successor will be announced at a later date, it added.
Griffiths was also leading Seat's sister up-market brand Cupra.
Asked at a press conference earlier this month about his future plans, Griffiths said he was committed to remaining in SEAT for the foreseeable future.
His departure was first reported by Spanish newspaper La Vanguardia.
(Reporting by Joan Faus, writing by Andrei Khalip and Inti Landauro)
The resignation of SEAT CEO Wayne Griffiths as the company shifts to electric vehicle production.
Markus Haupt, SEAT's Board Member for Production and Logistics, will temporarily manage the company.
SEAT plans to start producing fully electric vehicles in Spain.
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