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Volkswagen AG (VWAGY)

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28.70-0.52 (-1.78%)
At close: 03:59PM EST

Volkswagen AG

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

Sector(s):Β Consumer Cyclical
Industry:Β Auto Manufacturers
Full-time employees:Β 645,318

Key executives

NameTitlePayExercisedYear born
Dr. Herbert DiessChairman of Management Board & Group CEO7.85MN/A1958
Ms. Hiltrud Dorothea WernerHead of Integrity & Legal Affairs and Member of the Board of Management4.5MN/A1966
Dr. Oliver BlumeMember of the Board of Management4.27MN/A1968
Mr. Gunnar KilianMember of Management Board and Head of HR, Truck & Bus6.26MN/A1975
Mr. Markus DuesmannMember of Board of Management14.82MN/A1969
Dr. Arno AntlitzCFO & Member of the Board of ManagementN/AN/A1970
Mr. Thomas Schmall-von WesterholtMember of the Management Board & Head of TechnologyN/AN/A1964
Mr. Murat AkselHead of Purchasing & Member of the Board of ManagementN/AN/A1972
Ms. Helen BeckermannHead of Group Investor RelationsN/AN/AN/A
Mr. Kurt MichelsChief Compliance OfficerN/AN/AN/A
Amounts are as of 31 December 2020, 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 USD.

Description

Volkswagen AG manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates in four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment develops vehicles and engines, and light commercial vehicles; and produces and sells passenger cars 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, special gear units, and propulsion components. The Financial Services segment provides dealer 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, Audi, Γ‚ΒŠKODA, SEAT, Bentley, Porsche, Volkswagen Commercial Vehicles, Scania, MAN, Lamborghini, Ducati, and Bugatti brands. Volkswagen AG was incorporated in 1937 and is based in Wolfsburg, Germany.

Corporate governance

Volkswagen AG’s ISS governance QualityScore as of 26 September 2021 is 10. The pillar scores are Audit: 10; Board: 6; Shareholder rights: 10; Compensation: 9.

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.