Just five months after the initial go-ahead, the management team at Volkswagen Truck & Bus is complete after Matthias Gründler took up his post as CFO and Lars Stenqvist has been appointed to head the cross-divisional research and development function.

Management is: Andreas Renschler, CEO, Matthias Gründler, CFO, Antonio Roberto Cortes, CEO MAN Latin America, Joachim Drees, CEO MAN Truck & Bus, and Per Hallberg, CEO Scania. In addition, the heads of the cross-divisional functions which are to steer and intensify cooperation among the brands have also been appointed: Ulf Berkenhagen, Procurement, Anders Nielsen, Business Development, Josef Schelchshorn, Human Resources, and Lars Stenqvist, Research & Development.

Together, the nine top managers form the ‘Truck Board’, the holding’s managing body.

Renschler said: “We want to create a global champion with our truck holding. That is why it is important for us to unite excellent, international and integrative personalities in our lean team.”

The managers have extensive experience in the commercial vehicles industry. They will move into the holding’s headquarters in Brunswick – located close to the Volkswagen Group – at the end of this year and will network with the brand locations in Munich, Södertälje and São Paulo.

“The holding will provide focused and efficient management of the Volkswagen Group’s truck business,” Renschler said. “We will bring the units closer together, intensify the global presence and strengthen our brands. Everyone, above all our customers, will benefit from that.”

In May, the supervisory board of Volkswagen decided to set up a holding to bundle business in heavy and medium-duty trucks. Since then, a small working group chaired by Renschler has been occupied with swiftly building up Volkswagen Truck & Bus.