As of 3:46 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).
Executive Profile*
Martin Winterkorn Chairman of Management Board and Chief Executive Officer, Volkswagen AG | |
| Age | Total Calculated Compensation | This person is connected to 96 board members in 9 different organizations across 13 different industries.
See Board Relationships |
| 65 | €15,416,087 As of Fiscal Year 2012 |
Background*
Prof. Dr. Dr. h.c. mult. Martin Winterkorn has been the Chief Executive Officer and Chairman of Management Board at Volkswagen AG since January 1, 2007 and also its Member of Management Board since July 1, 2000. Prof. Dr. Dr. h.c. mult. Winterkorn has been the Chief Executive Officer at Porsche Automobil Holding SE since September 2009 and its Chairman and Member of the Board of Management since November 25, 2009. He served as the Head of Research & Development of Volkswagen ... AG since January 12, 2007 and also served as its Head of the Audi Brand Division. Since 1993, he served as the Head of 'Group Quality Assurance' at Volkswagen AG. He served as General Manager at Volkswagen AG since March 1994 and was responsible for its Group Product Management since June 1995. In 1977, he began his professional career as a Specialist in the Process Technology Research Department at Robert Bosch GmbH. From 1978 to 1981, he served as the Head of the Materials and Processes group in Coolant Compressor Development at Robert Bosch GmbH and at Bosch-Siemens-Hausgeräte GmbH. He served as the Head of Technical Development of Volkswagen AG. In 1981, he joined Audi AG initially as an Assistant to the Board Member for Quality Assurance. He served as the Head of the 'Measuring Technology and Sampling department and Testing laboratory' at Audi. Since 1988, he served as Divisional Manager of Central Quality Assurance. He served as the Chairman of the Board of Management of Audi AG and also served as its Head of Technical Development since January 1, 2003. Prof. Dr. Dr. h.c. mult. Winterkorn has been the Chairman of Supervisory Board at Skoda Auto AS since January 29, 2010 and has been its Member of Supervisory Board since January 1, 2010. He served as a Member of the Board of Management for Volkswagen Brand, with responsibility for 'Technical Development' from January 1996 to February 28, 2002. He has been the Chairman of Scania AB (publ) (alternate name Scania AB) since 2007. He serves as the Chairman of Supervisory Board at Audi AG. He served as the Chairman of SEAT, S.A. until April 19, 2007. He serves as a Director of SEAT, S.A. He serves as a Member of Supervisory board at Salzgitter AG. He serves as a Member of the Supervisory Board at Porsche Cars North America, Inc., Porsche Holding GmbH, Salzgitter FC Bayern München AG, Audi AG and TÜV Süddeutschland Holding AG. He serves as a Member of Supervisory Board at Klöckner-Werke AG, Salzgitter AG, FC Bayern AG and Barcelona, Spain Lamborghini Holding S. p. A., Italy. He served as a Member of the Supervisory Board of Tüv Süd AG. He served as a Member of Supervisory Board at Infineon Technologies AG until January 31, 2009. He served as a Member of the Supervisory Board of Porsche Automobil Holding SE since April 2010. He served as a Member of the Supervisory Board at Volkswagen AG from July 1, 2000 to February 28, 2002. Since June 2003, he was an Honorary Professor of the Budapest University of Technology and Economics, in recognition of his valuable service to the promotion of learning and research at this renowned educational establishment, with its long history of tradition. Prof. Dr. Dr. h.c. mult. Winterkorn studied Metallurgy and Metal Physics at the University of Stuttgart from 1966 to 1973. He completed a Doctorate (Dr. rer. nat.) at the 'Max-Planck-Institut für Metallforschung und Metallphysik' in 1977.
Corporate Headquarters*
Finanzpublizität Wolfsburg, Lower Saxony 38436
Germany
Phone: 49 536 190 Fax: 49 536 192 82 82
Board Members Memberships*
Director 2007-Present Chairman and Chairman of Remuneration Committee
Education*
Unknown/Other Education1966 - 1973 Universität Stuttgart Doctorate 1977 Max-Planck-Institut für Festkörper- und Metallforschung
Other Affiliations*
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Annual Compensation*
| Salary | €1,916,276 | | Bonus | €8,655,000 | | Total Annual Compensation | €10,571,276 |
Stock Options*
| Long Term Incentive Plan | €3,940,000 | | All Other Compensation | €904,811 |
Total Compensation*
| Total Annual Cash Compensation | €11,476,087 | | Total Short Term Compensation | €10,571,276 | | Other Long Term Compensation | €904,811 | | Total Calculated Compensation | €15,416,087 |
|
*Data is at least as current as the most recent Definitive Proxy.
Stock Quotes
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VOW3:GR
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€166.40 EUR |
-2.70 |
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COMPETITOR COMPENSATION
| Name | Position/ Company | Compensation |
| Alan R. Mulally | Chief Executive Officer, President, Executive Director and Member of Finance Committee Ford Motor Co. | $3.3M |
| Dieter E. Zetsche | Chairman of Management Board and Head of Mercedes-Benz Cars Daimler AG | €4.9M |
| Takanobu Ito | Chief Executive Officer, President, Chief Operating Officer of Automobile Operations and Representative Director Honda Motor Co., Ltd. | ¥122.0M |
| Carlos Ghosn | Chairman, Chief Executive Officer, President, Member of Executive Committee, Chairman of Renault, Chief Executive Officer of Renault and President of Renault Nissan Motor Co. Ltd. | ¥987.0M |
| Daniel F. Akerson | Chairman, Chief Executive Officer and Member of Proxy Committee General Motors Company | $1.7M |
Compensation as of Fiscal Year 2012. |
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