Frank Witter (56) has been appointed Member of the Board of Management of Volkswagen AG with responsibility for Finance and Controlling with immediate effect. This was decided by the Supervisory Board at its meeting today (Wednesday) in Wolfsburg. Witter was previously Chairman of the Board of Management of Volkswagen Financial Services AG. In his new function, Witter succeeds Hans Dieter Pötsch (64), who served as the Volkswagen Group Board Member for Finance from 2003 and who, following his appointment by the competent local court as a Member of the Supervisory Board, was today elected its Chairman.
Witter was born on May 29, 1959. He holds a degree in business administration and has been with the Volkswagen Group since 1992. After training as a qualified savings bank officer, Frank Witter studied economics at the University of Hannover. He joined Volkswagen AG in 1992, heading the capital markets business section at the Group Treasury until 1998. He subsequently became Treasurer at Volkswagen of America Inc., Volkswagen Canada Inc., VW Credit Inc. and their subsidiaries in Auburn Hills, Michigan, U.S.A.
From 2001 to 2002 Witter served as Corporate Treasurer at SAirGroup in Zurich, Switzerland. In 2002 he became Chief Financial Officer (CFO) at Volkswagen of America Inc., Volkswagen Canada Inc., VW Credit Inc. and their subsidiaries. From the beginning of 2005 he held the function of Chief Executive Officer (CEO) and Chief Financial Officer (CFO) at Volkswagen of America Inc. and Volkswagen Canada Inc. He was the Group's Executive Manager and Chief Representative for the region of North America from July 2006 to September 2007.
From October 2007 to mid-September 2008, Frank Witter served as President and Chief Financial Officer (CFO) of VW Credit Inc. and was Regional Manager for the American markets of Volkswagen Financial Services AG. Frank Witter was Chairman of the Board of Management of Volkswagen Financial Services AG from September 2008.
Related news |
||
Series production of the new Golf has started at the Volkswagen plant in Wolfsburg: the first car from the technically and visuall... |
Tickets for the hotly anticipated GTI fan festival in Wolfsburg have gone on saleCentral website with full details about the event... |
Volkswagen R will open its own pavilion in the Autostadt in Wolfsburg in summer 2024. This will create both a new meeting place fo... |
You might be interested in |
||
New ID.3 GTX: top of the range ID.3 model ensures convincing performance thanks to Volkswagen’s most powerful electric drivetrainN... |
Volkswagen is driving forward its major product offensive in the mid-sized class with pre-sales of the new ID.7 Tourer. Following ... |
Market launch of the Tiguan starts this weekend across EuropeNew plug-in hybrid drives enable an electric range of about 120 km* *... |
© Copyright 2024