People: Volkswagen AG (VOWG_p.DE)

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Garcia Sanz, Francisco 

Dr. Francisco Javier Garcia Sanz has been Member of the Board of Management responsible for Procurement of Volkswagen AG since July 1, 2001. He left school with a general certificate of education in 1974 and trained as Wholesale and Export Clerk with Rewe Handelsgesellschaft mbH in Mainz-Hechtsheim, completing this training in 1976. He then studied business management at the Betriebswirtschaftsakademie in Wiesbaden. Dr. Garcia Sanz started his career as Purchasing Clerk at Adam Opel AG in Ruesselsheim in 1979. In 1980, he was appointed Purchasing Coordinator at GM Espana in Zaragoza, Spain, and three years later Group Leader Purchasing M and E at Adam Opel AG in Ruesselsheim. From 1986 to 1988, he served as Chemicals Purchasing Agent at Adam Opel AG, subsequently holding the post of Director Supply and Export at GM Turkey in Izmir, Turkey, for two years. In 1990, Dr. Garcia Sanz was appointed Purchasing Executive GM Europe (Electric) at GM Europe. From 1992 to March 1993, he was Executive Director World Wide Purchasing, GM Corporation in Detroit, the United States. At the Company, he was appointed Head of Electric/Electronic Purchasing on March 22, 1993. He became Member of top Management on September 1, 1993. Dr. Garcia Sanz served as Head of Group Procurement Electrics/Electronics from December 1993 to the end of 1996. In addition, he served as Member of the Management Board of SEAT SA, Spain, from September 8, 1995 to December 31, 1996. He received his Honorary Doctorate title from the Institute of Business Administration at Universitaet Stuttgart on November 19, 2008.

Basic Compensation

Total Annual Compensation, EUR 2,194,520
Restricted Stock Awards, EUR --
Long-Term Incentive Plans, EUR 4,053,000
All Other, EUR 784,155
Fiscal Year Total, EUR 7,031,670

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
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