·Volkswagen Group management structure adjustment

On the 12th local time, the Volkswagen Group Management Board and the Board of Supervisors confirmed the adjustment of the Group's management structure. Since then, the Volkswagen Group will systematically reform its business and establish a more efficient group management system in the stage of drastic changes in the Group and the entire automotive industry. In order to implement the latest management structure sustainably, the Group Management Board will make a number of adjustments. Based on consensus, Matthias Müller will step down from the chairmanship of the management board and the decision will take effect immediately. At a meeting held on Thursday at local time, the Board of Supervisors appointed Dr. Herbert Diess as Chairman of the Management Board.
Hans Dieter Pötsch, Chairman of the Board of Supervisors, expressed his gratitude to Mullen for his dedication to the group: “Mullen has achieved outstanding work in the Volkswagen Group. He accepted the work of the Chairman of the Management Board in the fall of 2015, when Volkswagen The automotive group is facing unprecedented challenges. Mullen not only led the Volkswagen Group to survive the period steadily, but also led the team to fundamentally realign the group strategy and promote cultural change. He also practiced personal commitments. On the basis of ensuring the normal operation of the Volkswagen Group, the Group will revitalize it as never before. With these achievements, he deserves the gratitude of the entire group."
The Volkswagen Group will launch a combination of three major brands: high-end brands and high-end brands. At the same time, the planned card and bus brands will enter the capital market, laying the foundation for the Group to achieve effective leadership. At the same time, the chairman of the management board responsible for each brand cluster will also assume part of the management functions of the Volkswagen Group. Under this adjustment, Diss will be responsible for the group's research and development business, Rupert Stadler will be responsible for the group's sales business, and Dr. Obumu will be responsible for the group's production business.
Other group businesses will also be adjusted according to the same principles. In view of the importance of the in-vehicle interconnection field, the vehicle IT business will be handled by Dess himself; the group IT business will be handled by Frank Witter. The procurement and parts business will be merged.
The new architecture will simplify the management process of the Volkswagen Group, systematically leverage the synergies of the various business units, and accelerate the decision-making process. Pan Shi said: "The goal of the Volkswagen Group is to ensure that the Group and its brands can meet the needs of the future, to maintain the Group's leading position in the global automotive industry with innovation and efficiency, and to shape the future individual with the strength of each brand of the Group. Mobile travel. Diss is the right person to advance this goal. In the adjustment of the Volkswagen brand, he has demonstrated the speed and accuracy of implementing the change and achieved remarkable results. These performances make him a future The best person to fully implement the 2025 strategy in a decisive number of years."
Diss said: "The Volkswagen Group has many strong brands and great potential. Mullen has laid the foundation for our transformation. My most important task now is to continue with our management team and all the employees of the group. Advancing the Group's transformation into the world's leading sustainable mobile travel provider. With the dramatic changes in the automotive industry, the Volkswagen Group needs to accelerate and accurately advance the digitalization of electric vehicles, automobiles and transportation, as well as new mobile travel services."
At the meeting of the day, the group supervisory board also decided to appoint two new group management board members. Dr. Obomu, Chairman of Porsche Management Board, will become a member of the Group's highest management body in the future.
In addition, Gunnar Kilian, who has been the Secretary General of the Group's Global Staff Committee, will succeed Dr. Karlheinz Blessing and be appointed as a new member of the Group Management Board, responsible for human resources. Dr. Blessing has been a member of the Group Management Board since 2016. Dr. Blessing’s resignation was the result of a consensus between the two parties. However, during the contract period, Dr. Blessing will continue to serve the group as a consultant. Pan Shi expressed his gratitude to Dr. Blessing for his excellent work. “In the past two years, Dr. Blessing has played an important role in the adjustment of the Group's business. At the same time, as part of the Volkswagen brand 'Future Pact', he is also a brand. The transformation and development have made tremendous contributions."
At the request of me, Dr. Francisco Javier Garcia Sanz, head of the procurement department of the Volkswagen Group, will step down and leave the company. “In the past 20 years, Dr. Garcia Sanz has established a group procurement department with advanced processes. His leadership in the handling of diesel engine emissions events has laid an important foundation for the Group to overcome the impact of this event. At the same time, as the chairman of the Supervisory Board of the SEAT brand, he also played an important role in strengthening the brand building process.” Pan Shi expressed gratitude for this. Ralf Brandstätter, a member of the Volkswagen Brand Management Board and responsible for the procurement business, will temporarily assume the position of Dr. Garcia Sanz.

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