Finance

CEO of VW's Spanish unit SEAT steps down

Published by Global Banking & Finance Review

Posted on March 31, 2025

1 min read

· Last updated: January 24, 2026

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CEO of VW's Spanish unit SEAT steps down
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SEAT CEO Wayne Griffiths Resigns Amid Electric Shift

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)

Key Takeaways

  • Wayne Griffiths steps down as SEAT CEO.
  • SEAT to start producing electric vehicles in Spain.
  • Markus Haupt temporarily takes over SEAT management.
  • Griffiths also led SEAT's Cupra brand.
  • Griffiths' departure first reported by La Vanguardia.

Frequently Asked Questions

What is the main topic?
The resignation of SEAT CEO Wayne Griffiths as the company shifts to electric vehicle production.
Who will temporarily manage SEAT?
Markus Haupt, SEAT's Board Member for Production and Logistics, will temporarily manage the company.
What is SEAT's future plan?
SEAT plans to start producing fully electric vehicles in Spain.

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