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Spyker CEO Muller steps down

Spyker's Formula One director Michiel Mol has been appointed as interim CEO of the car company after Victor Muller asked to reduce his general management tasks

Muller, 47, will only focus on design and branding from now on.

"It has been a privilege to lead the (re)creation of Spyker since Maarten de Brujin and I founded the company in 2000," said Muller. "No one could have anticipated the the exceptional growth that would materialize in years to come.

"With the acquisition of the Formula One team in September 2006, I also gained a business partner experiences in successfully building up large companies. At that point, Michiel and I started discussions on the possibilities for my succession.

"After more than seven years of very hard work I felt it was time for me to lift throttle a bit."

Mol added: "Whilst Victor's decision to stand down from the role of CEO has come sooner than expected, the team that he built remains. I see my key role going forward as continuing to strengthen and expand that team with the most capable motor industry talent available.

"In time, one of those recruitments will need to be for the role of CEO as I return my focus and energy to the building of the Spyker Formula One team."

Dutch luxury car maker Spyker took over the Midland F1 team last season.

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