Make / Model Search
News - VolkswagenVW top brass set to have bonus payments cutOwn request: VW chairman Hans Dieter Poetsch was reportedly promised a payment of about €10m for stepping down as CFO last year. He has now agreed to take a cut to remuneration “given the current situation of the company”. Bonuses for VW chairman, other management to be slashed in wake of emissions scandal14 Apr 2016 By TERRY MARTIN - Volkswagen Group chairman Hans Dieter Poetsch and other members of the European auto giant’s top management have agreed to take a “significant reduction” in their bonus payments as the global diesel emissions scandal continues to play out. - In a statement, Volkswagen said the supervisory board and management board had jointly agreed that “given the current situation of the company, a signal should be sent with respect to the topic of the management board’s remuneration”. Click here for full story: VW top brass set to have bonus payments cut  Read more9th of March 2016  More bad news coming for Volkswagen'Substantial' financial damage to VW expected, but Mueller remains positive11th of December 2015  VW isolates diesel scandal ringleadersChairman of VW pins dieselgate blame on decade-old 'chain of mistakes'24th of September 2015  VW diesel scandal: Winterkorn steps downMartin Winterkorn departs VW Group to allow ‘fresh start’ amid emissions scandal |
Click to shareVolkswagen articlesResearch Volkswagen Motor industry news GoAutoNews is Australia’s number one automotive industry journal covering the latest news, future and new model releases, market trends, industry personnel movements, and international events. |
Connect with us
Facebook Twitter Instagram