The Supervisory Board of VTG Aktiengesellschaft has elected a new Chairman. Dr. Jost A. Massenberg assumes the position of Dr. Wilhelm Scheider, who will resign his duties after more than ten years of successful leadership as of December 31, 2016. Since the beginning of 2006, Scheider has been Chairman of the Supervisory Board of VTG Aktiengesellschaft. Jost A. Massenberg has been a member of the Supervisory Board of VTG Aktiengesellschaft since 2006.