The Chairman of the Supervisory Board of Volkswagen AG, Professor Dr. Ferdinand K. Piëch, has announced his resignation with immediate effect from his position as Chairman as well as member of the Supervisory Board, as well as all other mandates within the Volkswagen Group. In addition Ursula Piëch has announced her resignation from all mandates within the Volkswagen Group. The deputy Chairman of the Supervisory Board, Berthold Huber, will temporarily assume leadership of the Board until the election of a new Chairman.
