volkswagen ag-pref (VOW3:Xetra)

Executive Profile*

Background*

Mr. Leif Östling, MBA, MSc., serves as the Chief Executive Officer and President of Scania CV AB. Mr. Östling serves as an Industrial Advisor at EQT Partners AB. He has been the Head of Commercial Vehicles and Member of Management Board at Volkswagen AG since September 1, 2012. He served as Chief Executive Officer of Scania at Porsche Automobil Holding SE since August 31, 2012. He served as the Chief Executive Officer and President of Scania AB (publ) (alternate name ... Scania AB) from 1994 to September 01, 2012 and served as its Member of Executive Board. He held various positions with Scania, including Acting Manager of Scania's South American operations, Head of Strategic Planning, Marketing Manager in the Netherlands and President of Scania Nederland. He has also served as the Chairman of the Danish company Sabro Refrigeration, which was owned by EQT. Mr. Östling serves as the Chairman of Thule Holding AB and Aktiebolaget Skf, Asset Management Arm. He has been the Chairman of AB SKF (alternate name, Aktiebolaget Skf) since April 2008. Mr. Östling serves as the Chairman of ISS Global A/s. He served as the Chairman of Thule AB and ISS World Services A/S. He served as the Chairman of ISS A/S since October 2005. He has been Vice Chairman of Scania AB (publ) since December 13, 2012. He served as Vice Chairman of ISS A/S until March 2013. He served as Vice Chairman of ISS World Services A/S (alternate name, ISS International Service System A/s) since October 2005 until February 2013. He served as Deputy Chairman of AB SKF from April 24, 2007 to April 2008. He has been a Director of ISS Global A/S and ISS A/S since October 26, 2005. He has been a Director of Scania AB (publ) (alternate name Scania AB) since 1994, BT Industries AB since 1994, AB SKF since 2005 and SKF USA, Inc. since 2005. Mr. Östling serves as a Director of The Confederation of Swedish Enterprise, Svenskt Näringslív, Teknikföretagen (The Association of Swedish Engineering industries), Eldon Thule and ADR Haanpää (Finland). He serves as Member of Supervisory Board at MAN SE. He has been a Member of Supervisory Board of MAN Truck & Bus AG since September 01, 2012. He served as a Director of Thule AB since 1999. He holds Master of Engineering from Chalmers University of Technology, Göteborg, and an M.S. in Business Administration and a Bachelor of Economics from School of Business, Economics and Law, Göteborg University. In 2003, he received an honorary doctorate with the academic title of Dr. h.c. from the Royal Institute of Technology in Stockholm (KTH) and from Luleå University of Technology, Sweden.

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