Volkswagen : will combine the Group functions Treasury and Investor Relations, effective December 1, 2021, to further strengthen the relationship ...
October 11, 2021 at 10:12 am EDT
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Rolf Woller and Dr. Jörg Boche
Volkswagen will combine the Group functions Treasury and Investor Relations, effective December 1, 2021, to further strengthen the relationship to its banking partners and other capital markets participants. Dr. Jörg Boche, Head of Group Treasury at Volkswagen AG, will end his career after 15 years and retire at the end of 2021. Rolf Woller, Head of Treasury and Investor Relations at Volkswagen subsidiary TRATON SE, will move to Volkswagen AG effective December 1 to take over the newly formed Group function.
"We're combining two key finance functions that are closely linked in order to allow for a more holistic approach to servicing our banking partners and the capital markets," said Chief Financial Officer Arno Antlitz. "My deep thanks goes to Dr. Boche. He has led the Treasury function at Volkswagen very successfully for many years and managed the financial steering during the Diesel years and the recent COVID pandemic."
"At the same time I'm pleased that we've won Rolf Woller, an experienced and well regarded capital markets expert, to take over the new position. Together with his Treasury colleagues as well as Helen Beckermann, Head of Group Investor Relations and her experienced team he will integrate and further strengthen our banking and capital markets relations."
Rolf Woller has held the position as Head of Treasury and Investor Relations at TRATON SE since 2019. Between 2007 and 2018 he held various positions at Continental AG.
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Volkswagen AG published this content on 11 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2021 14:11:01 UTC.
Volkswagen AG is a Germany-based Company, which manufactures and sells vehicles. The Company operates through four segments: Passenger Cars, which covers the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business; Commercial vehicles, which comprises the development, production and sale of light commercial vehicles, trucks and buses, the genuine parts business and related services; Power Engineering, which consists of the development and production of diesel engines, turbo compressors, industrial turbines and chemical reactor systems, the production of gear units, propulsion components and testing systems, and Financial Services, which comprises dealer and customer financing, leasing, banking and insurance activities, fleet management and mobility services. It's brand portfolio includes Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN.
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