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04/12/18
Wolfsburg
Volkswagen Group News

Extensive revision of Volkswagen Group management structure decided

  • Board of Management and Supervisory Board pave the way for more efficient Group management
  • Group will be organized into six business areas and the China region
  • Dr. Herbert Diess follows Matthias Müller as Chairman of the Group’s Board of Management
  • Supervisory Board thanks Matthias Müller for outstanding service
  • New head of Human Resources and Organization – Gunnar Kilian to follow Karlheinz Blessing
  • Dr. Garcia Sanz leaves the Company at his own request
  • Porsche CEO Oliver Blume appointed to Group Board of Management

The Board of Management and Supervisory Board of Volkswagen Aktiengesellschaft have resolved to extensively revise the Group’s management structure. Volkswagen is thus systematically continuing to transform its business and establishing even more efficient Group management in a phase of highly dynamic change in the Company and the entire automotive industry. In order to sustainably implement the new structure, there will be a number of changes on the Board of Management. Matthias Müller steps down as Chairman of the Board of Management by mutual agreement, effective immediately. At its meeting on Thursday, the Supervisory Board appointed Dr. Herbert Diess as his successor.

Chairman of the Supervisory Board Hans Dieter Pötsch expressly thanked Müller for his dedication: “Matthias Müller has done outstanding work for the Volkswagen Group. He assumed the chairmanship of the Board of Management in the fall of 2015 when the Company faced the greatest challenge in its history. Not only did he safely navigate Volkswagen through that time; together with his team, he also fundamentally realigned the Group’s strategy, initiated cultural change and, with great personal commitment, made sure that the Volkswagen Group not just stayed on track but is now more robust than ever before. For that, he is due the thanks of the entire Company.”

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