We are firmly convinced that Karlheinz Blessing will make a valuable contribution to the Group and brand Board of Management
in mastering the present difficult situation in the spirit of the Volkswagen principle that economic efficiency and secure jobs are corporate goals of equal ranking.
The performance stock and performance stock option arrangements for the Board of Management
and authorization of the Board of Management
to issue the performance stock and performance stock options pursuant to these arrangements.
In 2008 he became Member of the Board of Management
of Volkswagen Financial Services AG with responsibility for sales and marketing and for the regions Germany, Europe, International and Latin America.
In addition, ASML announced that Dave Chavoustie, executive vice president, has confirmed to the Supervisory Board that he plans to retire from his position on the Board of Management
, effective December 31, 2005.
By expanding the Board of Management
chaired by Dr.
The decision has no effect on the 2005 profit outlook already issued by the Group Board of Management
: the Board of Management
continues to expect a year- on-year improvement in both operating profit after special items and profit before tax.
Winfried Vahland (58), formerly Chairman of the Board of Directors at koda, who in this new role becomes a member of the Volkswagen brand Board of Management
Rolf Stomberg: In Hubert Fink, we have appointed an experienced expert from within the company to join the Board of Management
of LANXESS AG.
The final decision will require further detailed talks between the Board of Management
of Porsche AG and the Management of Porsche Leipzig GmbH with representatives of the employees.
In the context of this appointment the new function of Chairman of the Board of Management
of Volkswagen Passenger Cars is to be set up in the Group Board of Management
As a member of the Akzo Nobel Board of Management
for eight years, Mr.
At its meeting today, the Supervisory Board of Bayer AG agreed to the proposal made by the Board of Management
of Bayer AG to appoint Dr.
i) proposals to grant full discharge, in accordance with customary Dutch corporate practice, to the Board of Management
and to the Supervisory Board from liability for their respective responsibilities in the financial year 2004;
Effective March 31, 2015, Olivier Brandicourt (59), Chairman of the Board of Management
of Bayer HealthCare AG and member of the Executive Council of Bayer AG, will leave the company to become new CEO of Sanofi as of April 2, 2015.
John Mullen will also be a member of the Board of Management
of Deutsche Post World Net responsible for Asia-Pacific and Emerging Markets as well as DHL Americas.