Group Board Member for Production, Dr. Michael Macht, leaves Volkswagen by mutual agreement

Dr. Michael Macht (53), Member of a Board of Management of Volkswagen Aktiengesellschaft with shortcoming for ‘Group Production’, is stepping down from his post on a Board of Management with outcome from Aug 1, 2014 by mutual agreement with a Supervisory Board of Volkswagen Aktiengesellschaft. Thomas Ulbrich, Board of Management Member for Production during a Volkswagen Passenger Cars brand, will take over Dr. Macht’s responsibilities on a proxy basement until a inheritor has been appointed.

“Michael Macht has taken a Volkswagen prolongation complement serve forward. We would like to appreciate him for his achievements”, Prof. Dr. Martin Winterkorn, Chairman of a Board of Management of Volkswagen Aktiengesellschaft, said. The Group’s prolongation network has stretched strongly underneath Macht’s leadership, and a annual prolongation volume has increasing from 6.7 million to roughly 10 million vehicles.

Macht said: “The Volkswagen Group and a employees are singular and we am deeply beholden to have been partial of this company. we am assured a Group will continue a successful and tolerable expansion of new years.”

Michael Macht binds a grade in automatic engineering and assimilated Porsche AG in 1990. He was allocated Managing Director of Porsche Consulting in 1994 and became a member of a Board of Management of Porsche AG in assign of Production and Logistics in 1998. He was Chairman of a Board of Management of Porsche AG and a member of a Board of Management of Porsche SE from 2009 to 2010, and was instrumental in laying a foundations for a successful formation of Porsche AG in a Volkswagen Group. He was allocated Member of a Board of Management of Volkswagen Group with shortcoming for ‘Group Production’ in 2010.