Volkswagen Aktiengesellschaft (VLKPF)

128.00 -6.14 (-4.58%) At close: 03:44PM EDT

Volkswagen Aktiengesellschaft

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

Sector(s): Consumer Cyclical
Industry: Auto Manufacturers
Full-time employees: 645,868

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Herbert Diess	Group Chief Exec. Officer	10.11M	N/A	1958
Dr. Oliver Blume	Chairman of Management	5.41M	N/A	1968
Dr. Arno Antlitz	CFO, COO & Member of the Board of Management	4.51M	N/A	1970
Mr. Thomas Schmall-Reichsgraf von und zu Westerholt	Member of the Management Board & Head of Technology	5.35M	N/A	1964
Ms. Hiltrud Dorothea Werner	Member of the Board of Management	5.38M	N/A	1966
Mr. Gunnar Kilian	Member of Management Board and Head of HR, Truck & Bus	5.64M	N/A	1975
Mr. Markus Duesmann	Member of Board of Management	5.46M	N/A	1969
Mr. Thomas Schafer	CEO of the Passenger Cars Brand, CEO & COO of Volkswagen Brand and Member of Management Board	N/A	N/A	1970
Mr. Ralf Brandstatter	Member of Board of Management of China Division	N/A	N/A	1968
Dr. Manfred Doss	Member of Management Board	N/A	N/A	1958

Amounts are as of 31 December 2021, 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, engines, and vehicle software; 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, 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, ŠKODA, SEAT, Bentley, Porsche, Volkswagen Commercial Vehicles, Scania, MAN, Lamborghini, Ducati, and Bugatti brands. Volkswagen AG was founded in 1937 and is based in Wolfsburg, Germany. Volkswagen AG operates as a subsidiary of Porsche Automobil Holding SE.

Corporate governance

Volkswagen Aktiengesellschaft’s ISS governance QualityScore as of 1 February 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.