Oliver Blume is the new CEO! [VIDEO]

Porsche has revealed it's new Chief Executive Officer to be Dr. Oliver Blume.

The CEO title was previously held by Matthias Müller.

Dr. Oliver's predecessor left to become the CEO of Volkswagen Group,and to deal with the diesel emissions scandal.

READ: Labour leader wants heads to roll amid emissions scandal - Bild

Dr. Oliver now has a lot on his hands, as he has to handle the negative effect of Volkswagen's scandal on the sports car manufacturer.

Also, late Paul Walker’s 16-year-old daughter, Meadow Walker, is suing Porsche.

READ: Porsche in legal battle with Paul Walker's daughter

See the sexiest electric car ever made by Porsche in the video below.