Volkswagen reorganizes Procurement

WEBWIRE

  • Effective January 1, 2023, Dirk Groe-Loheide will become Head of Group Procurement on the Extended Executive Committee and will take over responsibility for Procurement on the Board of Management of the Volkswagen Passenger Cars brand from Murat Aksel
  • The Board Procurement functions and IT at Audi will also continue to be overseen on a temporary basis by Dirk Groe-Loheide
  • Murat Aksel to take over responsibility for Procurement from Stefan Gramse as a member of the Board of Management of MAN Truck & Bus
  • CEO Oliver Blume: For a global company like Volkswagen maintaining robust supply chains is a critical factor in our success. This restructuring will enable us to strengthen the procurement function on the Group level and in two core areas: Two top managers with crisis experience, Dirk Groe-Loheide and Murat Aksel, will assume responsibility for this central job at the volume brand Volkswagen Passenger Cars and MAN Truck & Bus. By taking this step, we will ensure that the strategic restructuring of Group procurement will rapidly move forward.

The Volkswagen Group will restructure the Board Procurement functions on the Group level and at the Volkswagen Passenger Cars and MAN Truck & Bus brands at the start of the year. Effective January 1, 2023, Dirk Groe-Loheide will assume responsibility for Group Procurement and will become a member of the Extended Executive Committee in which the Group bundles the horizontal functions procurement and production, quality, sales, design and development. At the same time, he will also become the Board member responsible for Procurement at the Volkswagen Passenger Cars brand. Groe-Loheide will succeed Murat Aksel, who will join the Board of Management of MAN Truck & Bus effective January 1, 2023. Murat Aksel will assume responsibility for Procurement on the Board of Management of MAN Truck & Bus from Stefan Gramse, who will move to a Group function at Volkswagen. At Audi, Groe-Loheide will continue to oversee the Board Procurement functions and IT on a temporary basis until his successor is appointed. The restructuring at the Group will bolster its procurement operation in volatile times and will position it to tackle the challenges of the future.

CEO Oliver Blume, the CEO of Volkswagen, said: For a global company like Volkswagen maintaining robust supply chains is a critical factor in our success. This restructuring will enable us to strengthen the procurement function both on the Group level and in two core areas: Two top managers with crisis experience, Dirk Groe-Loheide and Murat Aksel, will assume responsibility for this central job at the volume brand Volkswagen Passenger Cars and MAN Truck & Bus. By taking this step, we will ensure that the strategic restructuring of Group procurement will rapidly move forward.

Murat Aksel had been a member of the Group Board of Management and the Chief Purchasing Officer (CPO) since January 2021. In these positions, he assumed overall responsibility in the Volkswagen Group for the management of material procurement and the provision of services. He was also responsible for Procurement on the Board of Management of the Volkswagen Passenger Cars brand. In the Extended Executive Committee created in September 2022, Murat Aksel, together with his team, managed the procurement organizations of the brands and regions. Murat Aksel will take over the Board of Management position at MAN Truck & Bus from Stefan Gramse, who will assume a central function in the Volkswagen Group. For Murat Aksel, the move to MAN Truck & Bus also marks the return to the south of Germany, his professional home for many years, where he had worked, among other things, in executive positions for the BMW Group between 2009 and 2017.

On behalf of the entire Board of Management, I would like to thank Murat Aksel for his hard work in Group Procurement and at the Volkswagen brand; Oliver Blume said. During exceptionally challenging times, Murat has laid the foundation for the strategic realignment of Procurement. He will now continue to play this role at MAN Truck & Bus. In the process, he can draw on more than 25 years of experience in international supply chain management in the automotive industry.

One of the key tasks assigned to Murat Aksel at MAN Truck & Bus will be to further stabilize the companys supply chains, which continue to be strained during the continuing ramp-up of truck production for heavy commercial vehicles, Oliver Blume added. The Board of Management also thanked Stefan Gramse for his accomplishments. Gramse restructured Procurement at MAN Truck & Bus, generated important momentum for the companys transformation and led both the Covid-19 crisis team and the Task Force Ukraine at MAN.

Dirk Groe-Loheide previously oversaw the Board Procurement functions at the brand Volkswagen Passenger Cars between October 2019 and April 2020. In his future roles as the Board member responsible for Procurement at the Volkswagen Passenger Cars brand and as a member of the Extended Executive Committee, he will also oversee the procurement organizations of the brands and regions. At Audi, Groe-Loheide will continue to oversee the Board Procurement functions and IT on a temporary basis until his successor is appointed.

In Dirk Groe-Loheide, we have won another procurement expert with international experience for this strategic key function in the brand and in the Group. He had previously demonstrated his ability to manage Procurement effectively at Audi, the Volkswagen brand and at Group level. His task will be to further stabilize the supply chains in close collaboration with suppliers to allow us to deliver products to our customers as quickly as possible. He will rigorously continue on the path Murat Aksel and his team have embarked on, which involves strategically preparing the procurement function as a whole in the brands and regions for the challenges of the future, Oliver Blume said.

Dirk Groe-Loheide began his career at Volkswagen in machinery procurement in 1990 in Wolfsburg. He assumed the position of Board Member for Procurement and Production at VolkswagenCommercialVehicles in Hanover in 2007. Groe-Loheide joined MAN Truck & Bus in 2017 as the Board Member for Procurement and simultaneously became Head of Procurement for the company that is known today as the TRATON GROUP, which comprises MAN as well as the Scania and Volkswagen Truck & Bus brands. He became Head of Group Operations Procurement in April 2019. On October 1, 2019, he became a member of the Brand Board of Management for Volkswagen Passenger Cars, overseeing Procurement functions. On April 1, 2020, he also assumed responsibility for the Board Procurement functions and IT at Audi.

Forbes Reorganizes To Support Growth, Promotes Jessica Sibley To Chief Operating Officer

Company Recruiting for New Positions Across the Organization

NEW YORK – WEBWIRE



Forbes announced a reorganization intended to create stronger alignment across the company in order to support growth as it prepares for a public listing currently scheduled to be completed by the end of the first quarter. The company’s Growth and Revenue teams are now consolidated into a unified Revenue Operations team led by Jessica Sibley who has been promoted to Chief Operating Officer, reporting to Forbes CEO Mike Federle.


Longtime Forbes executive Sherry Phillips will now oversee the revenue and marketing teams as Chief Sales and Marketing Officer, reporting to Ms. Sibley. Previously, she was CMO. Taha Ahmed, who is promoted to SVP, Corporate Development, Strategy & Consumer Growth, will oversee an expanded Consumer Growth team responsible for Forbes’ rapidly growing direct-to-consumer business, also reporting to Ms. Sibley.


“With our public listing on track for this quarter, this is an incredibly exciting time to be at Forbes as we enter a new chapter designed for continued growth,” said Mike Federle, Forbes CEO. “I can’t think of anyone more capable of leading our Revenue and Growth initiatives than our newly promoted COO Jessica Sibley, an incredible leader and team builder who has led the sales organization to three consecutive years of record results.”  


Ms. Sibley has been Forbes Chief Revenue Officer for the past two years, and prior to her role as CRO, has held successive sales leadership roles including SVP, U.S. & Europe, and Chief Sales Officer over the course of six years. She has introduced several innovative products and initiatives, including BrandVoice products, ForbesLive virtual events, Forbes’ Representation & Inclusion Practice, ForbesOne, Forbes Demand Engine, and the CxO Growth Survey. Earlier, Ms. Sibley held leadership positions at Bloomberg, The Wall Street Journal, and Conde Nast.


“The new structure we’re announcing today will enable the pace of growth and scale necessary to achieve our goals,” said Jessica Sibley, Chief Operating Officer, Forbes. “We have amazing talent in our new Revenue Operations team, and I’m excited to support them as we continue to build our powerful media business, and continue to diversify our revenue mix with recurring income from our brand extensions business and direct-to-consumer revenue which has shown dramatic growth this year.”


The new Revenue Operations team includes Consumer Growth, Content & Design Studio, ForbesWomen, Sales & Marketing, Product, Technology, Asia, and Europe. These changes are effective immediately.


The company, which has continued to hire through the pandemic—avoiding layoffs and furloughs—is actively recruiting for nearly three dozen positions on its Revenue, Growth, Product, Technology, Corporate and Editorial Teams. Read more at Forbes Careers.


About Forbes


Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business, and making a significant impact on the world. The Forbes brand today reaches more than 150 million people worldwide through its trusted journalism, signature LIVE and Forbes Virtual events, custom marketing programs and 44 licensed local editions in 77 countries. Forbes Media’s brand extensions include real estate, education, and financial services license agreements.


Forbes recently announced plans to go public through a business combination with Magnum Opus (NYSE: OPA), a special purpose acquisition company (SPAC), which is expected to close in Q1 of 2022.