Change of Leadership at Volkswagen Financial Services

Lars Henner Santelmann Steps Down

Volkswagen Financial Services has announced that Lars Henner Santelmann, who has served as CEO since October 2015, will be leaving his position. Frank Fiedler, CFO of Volkswagen Financial Services AG, stated that the decision was made "with great regret and respect" and that Santelmann's contributions to the company have been "invaluable."

Comprehensive Leadership

Santelmann's tenure as CEO has been marked by significant financial success and strategic growth. Under his leadership, Volkswagen Financial Services has expanded its global reach and solidified its position as a leading provider of financial services in the automotive industry. The company has also made significant investments in digitalization and innovation, positioning itself for continued success in the rapidly evolving financial landscape.

The company's strong financial performance under Santelmann's guidance has been widely recognized, with Volkswagen Financial Services consistently exceeding industry benchmarks. The company has also maintained a strong focus on sustainability, integrating environmental and social considerations into its operations and investment decisions.

Santelmann's departure marks the end of an era for Volkswagen Financial Services. His leadership has been instrumental in shaping the company into the respected and successful organization it is today. The company's future remains bright, and it is well-positioned to continue its growth and innovation under new leadership.