Winfried Vahland Appointed Chairman Of Skoda Board Of Directors

MILTON KEYNES, UNITED KINGDOM – May 28, 2010: Prof. Dr. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, said in Wolfsburg today: “Reinhard Jung has been successful in building the Škoda brand. The Group would like to express its sincere appreciation for his achievements and also thank him for his services in previous management positions.” 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 largest market,” said Winterkorn.

Winfried 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 of Finance and Corporate Strategy at Volkswagen in Brazil from 1997 to 2002. Vahland subsequently moved to Škoda as member of the Board of Directors responsible for Commercial Affairs and was made Vice Chairman in 2003. He took up his present post in July 2005.

Reinhard Jung studied mechanical engineering and joined the Volkswagen Group in 1974. As a project engineer, he held various management positions 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