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Volkswagen AG (VOW3.DE)

XETRA - XETRA Delayed price. Currency in EUR
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124.36+1.76 (+1.44%)
As of 12:12PM CEST. Market open.

Volkswagen AG

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

Sector(s)Consumer Cyclical
IndustryAuto Manufacturers
Full-time employees675,805

Key executives

NameTitlePayExercisedYear born
Dr. Herbert DiessGroup Chief Exec. Officer4.63MN/A1958
Dr. Oliver BlumeChairman of Management5.99MN/A1968
Dr. Arno AntlitzCFO, COO & Member of the Board of Management5.53MN/A1970
Mr. Thomas Schmall-Reichsgraf von und zu WesterholtBoard Mbr for Tech., Chmn of Mgt for Volkswagen Grp Comp., Mbr of the Mgt Board & Head of Tech.4.7MN/A1964
Mr. Thomas SchaferCEO of the Passenger Cars Brand, CEO & COO of Volkswagen Brand and Member of Management Board3.01MN/A1970
Mr. Ralf BrandstatterMember of Board of Management of China Division4.76MN/A1968
Ms. Hiltrud Dorothea WernerMember of the Board of Management1.65MN/A1966
Dr. Manfred DossMember of Management Board & Head of Integrity and Legal Affairs3.37MN/A1958
Mr. Gunnar KilianMember of Management Board and Head of HR, Truck & Bus3.99MN/A1975
Mr. Markus DuesmannMember of Board of Management4.82MN/A1969
Amounts are as of 31 December 2022, 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; and production and sale of passenger cars and light commercial vehicles, and related parts. 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, banking and insurance, fleet management, and mobility services. The company also offers motorcycles. It provides 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 brand names. The company was founded in 1937 and is based in Wolfsburg, Germany. Volkswagen AG is a subsidiary of Porsche Automobil Holding SE.

Corporate governance

Volkswagen AG’s ISS governance QualityScore as of 1 March 2023 is 10. The pillar scores are Audit: 10; Board: 7; Shareholder rights: 10; Compensation: 8.

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.