DR. HERBERT DIESS TO TAKE OVER AS CHAIRMAN OF THE VOLKSWAGEN PASSENGER CARS BRAND AT THE EARLIER DATE OF JULY 1, 2015


News provided by Pressat Wire on Friday 27th Feb 2015



Dr. Herbert Diess will take up his appointment as a full member of the Board of Management of Volkswagen AG at the earlier date of July 1, 2015. This was confirmed bythe Supervisory Board of Volkswagen Aktiengesellschaft on Friday. The appointment thus comes into effect three months earlier than originally planned and is the result of an agreement between Diess and BMW AG, where Diess held the post of Member of the Board of Management responsible for Development.

In hiscapacity as a member of the Group Board of Management, Diess will take over as Chairman ofthe Volkswagen PassengerCars brand from Prof. Dr. Martin Winterkorn, who remains Chairman of the Group Board of Management. Inthe context of this appointment the newfunction of"Chairman of the Board of Management of Volkswagen Passenger Cars" is to be set up inthe Group Board of Management.

Volkswagen Group Communications
Spokesperson for Human Resources
Markus Schlesag
Phone: +49 (0)5361 / 9-87115
E-mail: markus.schlesag1@volkswagen.de
www.volkswagen-media-services.com

www.volkswagenag.com

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DR. HERBERT DIESS TO TAKE OVER AS CHAIRMAN OF THE VOLKSWAGEN PASSENGER CARS BRAND AT THE EARLIER DATE OF JULY 1, 2015

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