Skoda CEO Thomas Schäfer to become Volkswagen boss

11 months, 3 weeks ago - 12 December 2021, autocar
Skoda CEO Thomas Schäfer to become Volkswagen boss
Shuffle of high-ranking VW Group officials sees Schäfer replace Ralf Brandstätter at Volkswagen

Current Volkswagen cars CEO Ralf Brandstätter will join the main VW Group board and from August next year will take over as the head of the group’s crucial China operation. Skoda has yet to name a successor for Schäfer.

The move is one of several significant management changes confirmed by the Volkswagen Group’s supervisory board. Group chairman Herbert Diess will take direct control of Cariad, the firm’s software division, from the start of next year, succeeding Audi boss Markus Duesmann. Diess said the move will allow him to help “set important milestones in the development of our own operating system”.

Hauke Stars, who most recently served on the board of German investment firm Deutsche Börse, has joined as the head of group IT, with a brief to further push the firm’s development of digital technologies.

Meanwhile, Audi sales boss Hildegard Wortmann will join the VW Group board with responsibility for sales, with a particular focus on developing new digital sales formats.

While the moves announced by the supervisory board are significant, they are not as extensive as had been rumoured, including reports that Diess could be shifted from his post as chairman of the board.

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