'Andreas Renschler has made a significant contribution to the successful course taken by TRATON. After the successful IPO in Frankfurt and Stockholm he laid together with the Board of Management the foundation for the company's future-oriented position and ensured that the company, with a strong network of strategic partners, has access to all the relevant markets,' stated the Chairman of the Supervisory Board of TRATON SE, Hans Dieter Pötsch. He expressly thanked Mr. Renschler for his work since 2015 and the successes achieved on TRATON SE's path to becoming a global champion.

Matthias Gründler to become CEO of TRATON SE

'With Matthias Gründler as successor, we were able to acquire one of the most experienced experts in the industry. In addition, he knows the company from his years of experience and has also played a significant role in the company's development. He will now continue this course on the front line with the entire TRATON team,' said Mr. Pötsch.

The Human Resources and IT division for which Prof. Dr. Carsten Intra is currently responsible on the Board of Management will cease to exist and the responsibilities will be assigned to the other members of the Board of Management as part of their functions.

Henrik Henriksson will continue his successful work as a member of the Board of Management at TRATON and as Chief Executive Officer of Scania. TRATON Board of Management member Christian Levin, who serves as the Chief Operating Officer and the Head of Research and Development, will also remain in his positions.

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Volkswagen AG published this content on 07 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 July 2020 20:08:03 UTC