volkswagen ag-pref (VLKPF:OTC US)

Executive Profile*

Background*

Dr.-Ing. E. H. Michael Macht has been the Chief of Production of Volkswagen AG of Volkswagen Group United Kingdom Ltd. since July 2010 and has been a Member of its Board of Management since October 1, 2010. Dr.-Ing. E. H. Macht serves as a Member of Management Board at Volkswagen Group Rus OOO. He served as a Member of Executive Board for Porsche AG until July 2010. He served as the Chief Executive Officer at Porsche Automobil Holding SE from August 2009 to September ... 2009 and served as its Member of Management Board form July 2009 to July 2010. He served as Chairman of the Board of Management and Head of Production & Logistics, Dr. Ing. h.c. F. Porsche AG of Porsche Automobil Holding SE. He served as Managing Director of Porsche Consulting GmbH since 1994. Dr.-Ing. E. H. Macht served as a Member of the Board of Management of Porsche AG from July 2009 to September 2010 and was responsible for production and logistics since 1998. He served as Chairman of the Board of Management of Porsche AG from July 2009 to July 2010. He served as the Chairman of the Board of Management of Dr. Ing. h.c. F. Porsche AG and a Member of the Board of Management of Porsche Holding SE from July 23, 2009 to September 30, 2010. Prior to that, Dr.-Ing. E. H. Macht served as a Member of the Board of Management In Charge of Production and Logistics of Dr. Ing. h.c. F. Porsche AG from June 1998 to July 2009. He served as the Chief Executive Officer of Porsche AG from July 2009 to July 2010. He served Chairman's Assistant, developing and implementing the so called P.O.L.E. program at Porsche AG. He was In Charge of the building and start of operation for Leipzig factory as well as the ramp up of the model lines Cayenne and Panamera. He started his career in the automotive industry at Dr. Ing. h.c. F. Porsche AG, where he was a Specialist for engine planning from 1990 to 1991. He took charge of the work organizations section in 1991 before serving as Director’s Assistant for production and materials development in 1992, where among other things he developed the concept and organization of the PVP Porsche improvement process. From 1981 to 1986 and subsequently worked as a Scientist at Fraunhofer Institute for Industrial Engineering IAO, where he was responsible for the implementation of restructuring and organizational projects with major companies. Dr.-Ing. E. H. Macht serves as the Chairman of Porsche Consulting GmbH and Porsche Leipzig GmbH. He has been Member of Supervisory Board of Skoda Auto AS since November 6, 2010. He serves as a Member of the Supervisory Board of Porsche Leipzig Service GmbH, PIKS Porsche Information-Kommunikation- Services GmbH and Gebr. Märklin & Cie. GmbH. On November 19, 2010, he received an Honorary Doctorate with the academic title of Dr.-Ing. E. h. from Stuttgart University. He studied Mechanical Engineering at Stuttgart University.

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VLKPF:US	$215.00 USD	-1.50

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