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Share Name Share Symbol Market Type
Volkswagen AG XE:VOW3 XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.34 4.16% 133.76 133.30 133.76 133.88 128.50 129.00 1,727,878 16:39:17

Volkswagen's Passenger Cars Brand Picks Patrik Andreas Mayer as CFO

13/09/2022 1:55pm

Dow Jones News


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   By Ed Frankl 
 

Volkswagen AG said Tuesday that its VW passenger cars brand has chosen Patrik Andreas Mayer as its new chief financial officer.

Mr. Mayer, currently CFO at Volkswagen Group Russia, succeeds Alexander Seitz, who becomes executive chairman of Volkswagen Group's South American operations.

The car maker also picked Thomas Ulbrich as the board member in charge of its New Mobility division, which unites the e-series and software activities of Volkswagen Passenger Cars, Volkswagen said.

Kai Gruenitz succeeds Mr. Ulbrich as the board member responsible for technical development, the company said.

The appointments come into effect on Oct. 1, Volkswagen said.

 

Write to Ed Frankl at edward.frankl@dowjones.com

 

(END) Dow Jones Newswires

September 13, 2022 08:40 ET (12:40 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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