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October 18, 2006

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Volkswagen Slovakia's President to become CEO and President of Volkswagen do Brazil

Volkswagen Aktiengesellschaft announces the following personnel changes for its subsidiary VW do Brasil (VWB):

Dr Viktor Klima (59), President of VW Argentina and general representative of Volkswagen Aktiengesellschaft, will assume overall responsibility for South America at the turn of the year. He was appointed to Group management in July 2006. In this function, Dr Klima will report to Francisco Javier Garcia Sanz, Member of the Group Board of Management for Procurement and the South America region.


Photo: Volkswagen

The President and CEO of VWB, Hans-Christian Maergner (61), who also reports to Garcia Sanz, will retire at the end of the year as planned.

Thomas Schmall (42) - left -, Chairman of the Board of Management of VW Slovakia, will then assume responsibility for Brazil. As President and CEO of VWB, Schmall will report to Dr Klima.

David Powels (44), currently Member of the Board of Management for Finance and Corporate Strategy at VWB, will be appointed Managing Director of VW of South Africa with effect from 1.1.2007. He will be replaced by Carsten Isensee (46), currently responsible for Finance at VW of South Africa.

 

 

 

(October 15, 2006)


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