Thomas Babacan becomes new President and CEO of the VAG-Group


On March 18, 2014, MBA Thomas Babacan was appointed new President and CEO of the VAG-Group.

With the help of a strong team, organic growth and acquisitions he wants to develop VAG into a global market leader in the years ahead. 

Besides experience in the fields of finance and mergers & acquisitions, Thomas Babacan has in particular global management experience in international technology companies. These include his position as CEO at Oerlikon Leybold Vacuum, as CEO at Oerlikon Textile, the world’s largest manufacturer of textile machinery, and most recently as COO and member of the board of directors of the Oerlikon Group, a company listed on the stock exchange.

With his knowledge gained from technically sophisticated products, international project business and innovation processes, Thomas Babacan wants to drive VAG forth and make it an international market leader.


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