Post by Sandro B.
โSpecialist for Tailored Corporate Governance Advisory | Strategic Shareholder Engagement & AGM Preparation | Data & Experience for Success
In an unexpected turn of events at Volkswagen Group's AGM (the final meeting of the DAX season) the re-election of Supervisory Board member ๐๐ฎ๐ฌ๐๐ง๐ง๐ ๐๐ข๐๐ ๐๐ง๐ ๐ฐ๐๐ฌ ๐ฉ๐ฎ๐ฅ๐ฅ๐๐ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐ ๐๐ง๐๐. Wiegand had informed the board just the day prior that she would not be available to serve another term. โฑ๏ธ ๐๐ก๐ฒ ๐ข๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ญ๐๐ฅ๐ค๐ข๐ง๐ ๐ฉ๐จ๐ข๐ง๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐ ๐จ๐ฏ๐๐ซ๐ง๐๐ง๐๐ ๐ฐ๐๐ญ๐๐ก๐๐ซ๐ฌ? ๐ Having joined the board only in 2025, she held the highly critical role of Chair of the Audit Committee. ๐ Her sudden departure is particularly significant given her standing as an independent director on a board heavily weighted with non-independent representatives. As reported by Handelsblatt, Wiegand stated that her decision was made โafter carefully weighing all the circumstances.โ A spokesperson for the Volkswagen Supervisory Board confirmed that the Nomination Committee will convene in the near future to determine her successor. Angelika Horstmeier Alliance Advisors Ahmed Suliman Oliver Taylor DIRK โ Deutscher Investor Relations Verband