The Volkswagen Group is further creating its Group management. The Group Board of Management of Volkswagen AG is being streamlined and obligations will likely be reallocated. The Supervisory Board adopted a corresponding decision. The new Chairman of the Board of Management, Oliver Blume, will give attention to technique, high quality, design and the software program subsidiary CARIAD. In addition, the central Board of Management divisions Finance, Human Resources and Truck & Bus, Integrity and Legal Affairs, IT, Technology in addition to China will proceed to be represented on the Group Board of Management together with the model teams Volume, Premium and Sport & Luxury.
“In recent years, the Supervisory Board and the Board of Management have set the right strategic course by moving in the direction of electromobility and software. Now it’s time to implement the initiated measures with a streamlined Group management. For this purpose, the complexity on the Group Board of Management will be reduced and the focus sharpened”, defined the Chairman of the Supervisory Board, Hans Dieter Pötsch, and added: “Together with an outstanding team on the Board of Management and the Extended Executive Committee, Oliver Blume will ensure that the Volkswagen Group continues to successfully and forcefully meet the challenges of the transformation.”
According to CEO Oliver Blume: “The interplay between the Group, brand groups and brands is key for the success of the Volkswagen Group. The brands will be given more business responsibility. The Group will define the objectives, establish the guardrails for operational implementation and provide synergies for the platforms and technologies. Internally, the brand groups will assume responsibility for reducing the complexity of the management.”
The Group Board of Management will likely be targeted on fundamental obligations akin to strategic orientation, essential choices on the corporate’s course, allocations of capital and monetary necessities. At Group degree, the specialist interdepartmental features akin to Purchasing, Development, Production and Sales will likely be pooled in an Extended Executive Committee. This committee will likely be accountable for combining the manufacturers and divisions, guaranteeing operational excellence and realising cross-brand synergies. In addition to his position as member of the Board of Management of the Volkswagen Passenger Cars Brand with accountability for Procurement, Murat Aksel will proceed to be accountable for Procurement at Group degree. In addition to her place as member of the Board of Management of AUDI AG with accountability for Sales and Marketing, Hildegard Wortmann will proceed to be accountable for Sales at Group degree. Michael Steiner, Board of Management member with accountability for Research and Development at Porsche, may also handle the Group Development Division and Christian Vollmer, member of the Board of Management of the Volkswagen Passenger Cars Brand with accountability for Production, will handle the Group Production Division.
“Murat Aksel and Hildegard Wortmann have done outstanding work in handling their Group responsibilities. I am pleased that we have been able to secure their services for the Extended Executive Committee for the long term. I am also pleased that we have been able to acquire Michael Steiner and Christian Vollmer for the new committee; they have been with the Group for many years and are regarded as experienced managers with a high level of professional and personal skills”, mentioned Mr. Blume.
As a part of her accountability for Sales at Group degree, Hildegard Wortmann will – along with the Board of Management members of all of the manufacturers with accountability for Sales – be sure that the Sales Division is provided to deal with future challenges and proceed to press forward with the Group Sales programme NewSales2030. In addition, she’s going to proceed to be accountable for the strategic Group initiative Mobility Services. “Hildegard Wortmann has successfully laid important groundwork to allow us to place an even greater focus, Group-wide, on the customer. She will display great commitment in advancing the initiatives that she has started and, in so doing, ensure continuity in the Extended Executive Committee for these important projects”, mentioned Oliver Blume.
As Chief Purchasing Officer of the Group, Murat Aksel, collectively along with his workforce, will proceed to handle the procurement organisations of the manufacturers and areas and be sure that they’re strategically arrange to meet the challenges of the long run. “The continued implementation of the strategy for transforming Group Procurement is a key factor for the supply chain challenges faced by the entire Volkswagen AG today and in the future,” in accordance to the CEO, Mr. Blume.
