Wolfsburg, 2010-05-28

Winfried Vahland appointed Chairman of Škoda Board of Directors,
Karl-Thomas Neumann named President of Volkswagen Group China

Prof. Dr. Winfried Vahland (53) has been appointed Chairman of the Board of Directors of Škoda Auto effective September 1, 2010. His successor as President and CEO of Volkswagen Group China is Dr. Karl-Thomas Neumann (49), currently the Group Chief Officer for Electric Traction based in Wolfsburg. Reinhard Jung (59), the incumbent Škoda Chairman, is taking retirement.

Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, said in Wolfsburg today: “Reinhard Jung has been successful in further developing the traditional Škoda brand. The Group would like to express its sincere appreciation of this achievement and also thank him for his services in previous management functions.” He added that Jung’s successor Winfried Vahland has outstanding experience in managing companies and brands. “Winfried Vahland has been instrumental in making China Volkswagen’s second home market,” Winterkorn underscored. “Karl-Thomas Neumann, too, will break new ground in China – both in terms of business development and as an expert in future technologies.”

Prof. Dr. Winfried VahlandWinfried Vahland joined Audi in Ingolstadt in 1990 as Head of Company Planning, Profit Analysis and Sales Controlling. The industrial engineer moved to Wolfsburg in 1993 as Director of Group Controlling. In 1995 he took responsibility for Sales Controlling of the Volkswagen Group and the Volkswagen brand. He was Vice President for Finance and Corporate Strategy at Volkswagen do Brasil from 1997 to 2002. He subsequently moved to Škoda as member of the Board of Directors responsible for Commercial Affairs and was made Vice Chairman in 2003. Vahland took up his present post in July 2005.

Dr. Karl-Thomas Neumann Karl-Thomas Neumann studied electrical engineering. His research work at Fraunhofer Institut from 1989 to 1993 specialized in vehicle electronics. He subsequently moved to Motorola Semiconductor as an engineer and head of strategy for the automotive industry. Neumann joined the Volkswagen Group in Wolfsburg in 1999 where he was Head of Electronics Research and Electronics Strategy, later also assuming responsibility for Electrics/Electronics at the Volkswagen brand, before becoming a member of the Executive Board, Automotive Systems Division, at Continental AG in 2004. He was Chairman of the Executive Board of Continental AG from August 2008 to September 2009.

Reinhard JungReinhard Jung studied mechanical engineering and joined the Volkswagen Group in 1974. As a project engineer, he held various management functions before becoming Head of International Production. Having been responsible for various departments in Central Planning in Wolfsburg and Salzgitter, he was given charge of Volkswagen brand production management. He held the post of Plant Manager in Brunswick from 1996 to 2001, and was subsequently named President of Volkswagen de México. Jung was appointed member of the Volkswagen brand Board of Management responsible for Production and Logistics in 2004. He has been Chairman of the Board of Directors of Škoda Auto since October 2007.