Category
Executives
Winterkorn expected to receive $32 million pension after exit
Share
Expand
Winterkorn's pension had a value of $32 million at the end of last year, according VW's latest annual report, which doesn't describe any conditions that would lead the company to withhold it. And under certain circumstances, he also can collect severance equal to two years of “remuneration.”
(Bloomberg)
September 23, 2015 05:00 AM
Featured Stories
Title
VW’s Cupra sporty brand in talks with Penske Automotive on U.S. market entry by 2030
Image
Title
Automaker insourcing sparks litigation among suppliers
Image
Title
Next Hyundai CEO Jose Muñoz says hybrid flexibility, U.S. commitment key to success
Image
Title
Scenes from the Los Angeles Auto Show
Image