Labor & Human Resources

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  • Newswire

    Workers Back VW's Choice of Two New Board Members  

    Leaders of VW's works council, which holds 10 of the 20 seats on the supervisory board, support the automaker's choice of Louise Kiesling and Julia Kuhn-Piech, whose appointments are being challenged by their uncle, just-departed former Chairman Ferdinand Piech....More
  • Newswire

    UPDATE 2-VW, Piech clash on board appointments ahead of AGM  

    * VW installs new board members ahead of May 5 AGM * Piech challenges VW's board choices -Bild * VW, Piech's office, Porsche SE, IG Metall decline comment (Adds Bild report and background) By Andreas Cremer and Jan Schwartz BERLIN, April 30 (Reuters) - Volkswagen and newly departed chairman Ferdinand Piech clashed again on Thursday over supervisory board appointments, causing new strains at the carmaker ahead of what is likely to become a tense shareholder meeting next Tuesday....More
  • Newswire

    VW Stakeholders Back Embattled CEO Winterkorn  

    Labor leaders at Volkswagen and the German state of Lower Saxony, which holds 20% of VW's voting rights, say they continue supporting the CEO whose ouster is being sought by Chairman Ferdinand Piech....More
  • Newswire

    UPDATE 3-Volkswagen CEO survives challenge from powerful chairman  

    * Top VW panel backs CEO in clash with chairman * Row comes as carmaker cuts costs to boost profit * Analysts say too early to write off Piech (Adds analyst comments, share price comparison and background) By Andreas Cremer and Jan Schwartz BERLIN/HAMBURG, April 17 (Reuters) - Volkswagen CEO Martin Winterkorn has survived a challenge from powerful chairman Ferdinand Piech, but their row remains a distraction for the carmaker as it struggles to boost profits and revamp its ailing U.S. business....More
  • Newswire

    VW Moving to Take CEO Scrap Out of Public Eye  

    Sources with the automaker say Chairman Ferdinand Piech will meet within days with cousin Wolfgang Porsche and other family members to discuss Piech's public criticism of CEO Martin Winterkorn....More
  • Newswire

    Report Indicates Discord Between VW Chairman, CEO  

    A German magazine quotes Volkswagen Chairman Ferdinand Piech as saying, "I have distanced myself from (CEO Martin) Winterkorn" and adds the CEO has no chance to succeed him....More
  • Newswire

    Former FAW-VW Executive Gets Life Sentence for Bribery  

    Shi Tao, former deputy general manager of the FAW-Volkswagen joint venture's sales arm, was convicted of taking ¥33 million for steering business orders to advertisers and car dealers....More
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