Stuttgart, Germany - October 17, 2015, Stuttgart, Germany - Porsche Automobil Holding reached an agreement with Martin Winterkorn that he ceases his function as member and chairman of the executive board by the end of October.
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On September 23, Mr. Winterkorn decided to terminate his function as CEO of the Volkswagen Group.
On January 1, 2007, Mr. Winterkorn became Chairman of the Board of Management of Volkswagen AG. On the same date, he became Chairman of the Supervisory Board of AUDI AG. With effect from February 1, 2007, the Supervisory Board of Volkswagen AG appointed him Member of Board of Management of Volkswagen AG responsible for the area ‘Group Research and Development’.
At the same time, Mr. Winterkorn additionally took over the chairmanship of the Board of Management of the Volkswagen brand until June 30, 2015.
Mr. Winterkorn joined the Board of Management of Porsche Automobil Holding SE, Stuttgart, on November 25, 2009, assuming responsibility as Chairman of the Board of Management of this company in addition to his other functions.
Mr. Winterkorn studied Metallurgy and Metal Physics at the University of Stuttgart from 1966 to 1973. From 1973 to 1977 he was a PhD student at the Max-Planck-Institute for Metal Research, where he received his doctorate in 1977.
Mr. Winterkorn’s professional career began in 1977 as a specialist assistant in the research division "Process Engineering" at Robert Bosch GmbH. From 1978 to 1981 he headed the refrigerant compressor development group "Substances and Processes" at Robert Bosch GmbH and Bosch-Siemens-Hausgeräte GmbH.
In 1981 Mr. Winterkorn joined AUDI AG as assistant to the Member of the Board for Quality Assurance. Two years later, he assumed responsibility for "Measuring Technology/Sampling and Test Laboratory" at Audi. At the beginning of 1988, he was made departmental head of "Central Quality Assurance", and in 1990 Head of Audi Quality Assurance.
In 1993 Mr. Winterkorn became Head of "Group Quality Assurance" at Volkswagen AG and was appointed General Representative of Volkswagen AG in March 1994. He was additionally responsible for Volkswagen Group Product Management from June 1995.
In January 1996 Mr. Winterkorn took over as Member of the Board of Management for "Technical Development" at the Volkswagen brand. From July 2000 he was Member of the Board of Management of Volkswagen AG responsible for Research and Development.
Mr. Winterkorn became Chairman of the Board of Management of AUDI AG on March 1, 2002. In addition to this, he assumed responsibility for Technical Development at AUDI AG on January 1, 2003. In his capacity as Chairman of the Board of Management of AUDI AG, Winterkorn was also a Member of the Board of Management of Volkswagen AG.
In 2003 Mr. Winterkorn was made an honorary professor of Budapest University of Technology and Economics. On August 1, 2004, he was awarded an honorary professorship from the Technical University of Dresden for the subject area "Lightweight Materials in Automotive Engineering". ■