Board restructure also sees Andreas Tostmann handed the MAN reins
Volkswagen’s heavy vehicle arm, Traton, the parent company of Scania and MAN Truck and Bus, has made sweeping personnel changes in a major management shake-up.
From July 15, CEO Andreas Renschler will be replaced by current CFO Matthias Gründler.
Andreas Tostmann, currently a board member for the Volkswagen Passenger Cars brand with responsibility for production and logistics, will also take over from Joachim Drees as MAN Truck and Bus CEO on July 15.
Traton’s Navistar takeover bid earlier this year is still pending
No reason was given for the leadership changes, though company chair Hans Dieter Pötsch thanks Renschler for his service and welcomes Gründler’s appointment.
“Andreas Renschler has made a significant contribution to the successful course taken by Traton.
“After the successful IPO in Frankfurt and Stockholm he laid together with the Board of Management the foundation for the company’s future-oriented position and ensured that the company, with a strong network of strategic partners, has access to all the relevant markets.
“With Matthias Gründler as successor, we were able to acquire one of the most experienced experts in the industry.
“In addition, he knows the company from his years of experience and has also played a significant role in the company’s development.
“He will now continue this course on the front line with the entire Traton team.”
Meanwhile, chief human resources officer Carsten Intra becomes CEO of Volkswagen Commercial Vehicles.
The HR and IT division Intra is currently responsible for will be broken up and its responsibilities will be assigned to the other members of the board of management, the company explain.
Henrik Henriksson remains CEO of Scania and Christian Levin is still Traton chief operating officer and the head of research and development.