VOW.DE - Volkswagen AG

XETRA - XETRA Delayed Price. Currency in EUR

Volkswagen AG

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

SectorConsumer Goods
IndustryAuto Manufacturers - Major
Full Time Employees642,418

Key Executives

NameTitlePayExercisedYear Born
Dr. Herbert DiessChairman of Management Board, CEO & Chairman of Volkswagen Brand Board of Management5.4MN/A1958
Mr. Frank WitterCFO, Head of IT & Member of Board of Management3.61MN/A1959
Mr. Andreas Hermann RenschlerHead of Truck & Bus and Member of the Board of Management8.2MN/A1958
Ms. Hiltrud Dorothea WernerHead of Integrity & Legal Affairs and Member of the Board of Management3.83MN/A1966
Dr. Oliver BlumeMember of the Board of Management2.95MN/A1968
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

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, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment develops vehicles and engines; and produces and sells passenger cars and related parts. The Commercial Vehicles segment develops, produces, and sells light commercial vehicles, trucks, and buses; and offers parts and related services. The Power Engineering segment develops, produces, and sells large-bore diesel engines, turbo compressors, industrial turbines, and chemical reactor systems, as well as gear units, propulsion components, and testing systems. The Financial Services segment provides dealer and customer financing, leasing, banking and insurance, fleet management, and mobility services. The company also offers motorcycles and turbomachinery. It provides its products under the Volkswagen Passenger Cars, Audi, ŠKODA, SEAT, Bentley, Porsche, Volkswagen Commercial Vehicles, Scania, MAN, Lamborghini, Ducati, Bugatti, MOIA, and TRATON brands. Volkswagen AG 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 October 4, 2019 is 10. The pillar scores are Audit: 10; Board: 8; 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 a 10 indicates higher governance risk.