Michael Lohscheller, Interim CEO, Volkswagen Group of America
In January of 2008, Michael Lohscheller became executive vice president and chief financial officer of Volkswagen Group of America, Inc.
dual role Michael
holds financial responsibility for the entire U.S. business of the Volkswagen Group
, in addition to management responsibility for the company's logistical operations and IT infrastructure.
also oversees Volkswagen's implementation of its new U.S. strategy, its significant investment in the market, including construction of a new manufacturing facility in Chattanooga, Tennessee.
Michael previously served as the executive director, marketing and sales management for Volkswagen AG, where he spearheaded the Group's product planning, sales and marketing functions.
was also critical to the planning of Volkswagen's
global development strategy and orchestrating trend scouting in future key markets like India, Russia and China.
Before joining Volkswagen, Michael performed various senior finance roles for DaimlerChrysler AG, serving as executive vice president and CFO of Mitsubishi Motors Europe.
In this role, he managed Mitsubishi's consolidated European operations and was instrumental in expanding the company's distribution network in Germany, France, Spain, Belgium and Switzerland.
Prior to joining DaimlerChrysler, Michael was the finance director for the UK operations of Jungheinrich AG, one of the world's largest suppliers of industrial trucks, and Europe's leading supplier of warehousing technology.
Michael completed his undergraduate studies at the University of Applied Science Osnabrück, Germany and holds a master's degree in European Marketing Management from Brunel University London, UK.