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Volkswagen AG (VOW3.DE)

XETRA - XETRA Delayed Price. Currency in EUR
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122.84+1.08 (+0.89%)
At close: 05:39PM CET

Volkswagen AG

Berliner Ring 2
Wolfsburg 38440
Germany
49 5361 9 0
https://www.volkswagen-group.com

Sector(s)Consumer Cyclical
IndustryAuto Manufacturers
Full-time employees684,025

Key executives

NameTitlePayExercisedYear born
Dr. Oliver BlumeChief Executive & Chairman of the Board of Management7.8MN/A1968
Dr. Arno AntlitzCFO, COO & Member of the Board of Management4.28MN/A1970
Mr. Thomas Schmall-Reichsgraf von und zu WesterholtMember of the Management Board & Head of Technology4.28MN/A1964
Mr. Thomas SchaferCEO of the Passenger Cars Brand, CEO & COO of Volkswagen Brand and Member of Management Board4.47MN/A1970
Dr. Manfred DossMember of Management Board & Head of Integrity and Legal Affairs3.2MN/A1958
Mr. Gunnar KilianMember of Management Board and Head of Human Resources, Truck & Bus4.28MN/A1975
Ms. Hauke StarsMember of Management Board4.3MN/A1967
Mr. Gernot DollnerMember of Management Board2.49MN/AN/A
Mr. Ralf BrandstatterMember of Board of Management4.76MN/A1968
Rolf WollerHead of Group Treasury & Investor RelationsN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Volkswagen AG manufactures and sells automobiles in Germany, Europe, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles. The Commercial Vehicles segment develops, produces, and sells trucks and buses; and offers parts and related services. The Power Engineering segment offers large-bore diesel engines, turbomachinery, and propulsion components. The Financial Services segment provides dealership and customer financing, leasing, direct banking and insurance, fleet management, and mobility services. It sells its products under the Volkswagen Passenger Cars, Škoda, SEAT/CUPRA, Volkswagen Commercial Vehicles, Audi, Lamborghini, Bentley, Ducati, Porsche, Scania, MAN, Volkswagen Truck & Bus, Navistar commercial vehicles, and Bugatti brands. The company was founded in 1937 and is headquartered in Wolfsburg, Germany. Volkswagen AG operates as a subsidiary of Porsche Automobil Holding SE

Corporate governance

Volkswagen AG’s ISS governance QualityScore as of 1 March 2024 is 10. The pillar scores are Audit: 10; Board: 8; Shareholder rights: 10; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.