VW chairman to seek reelection at annual meeting

News

BERLIN — Volkswagen Group Chairman Hans Dieter Poetsch will seek reelection at the automaker’s annual general meeting.

Poetsch, VW’s former finance chief,  became chairman of the supervisory board in 2015, weeks after the start of the diesel emissions scandal in which VW in 2015 acknowledged using illegal software to rig diesel engine tests in the United States.

Poetsch, 70, was instrumental in averting a leadership crisis at VW last year. He brokered a truce after VW Group CEO Herbert Diess clashed with the company’s labor leaders over Diess’s plans to boost profits and cut costs.

A VW spokesperson said on Saturday that the company’s supervisory board recommends to the upcoming annual shareholder meeting “that it elect supervisory board chair Hans Dieter Poetsch for a full five-year term.”

The date of the meeting has not been announced.

Products You May Like

Articles You May Like

2022 Honda Civic First Reviews Are In, What Are They Saying?
Review update: 2021 Dodge Durango SRT Hellcat is in a class of one
How mounted lidar could help cities move safely
The 2021 Toyota Mirai Arrives For a Yearlong Test: Will Hydrogen Make Us Happy?
Tesla Model S Plaid Fast-Charging and Range Test: How Far Can It Go?

Leave a Reply

Your email address will not be published. Required fields are marked *