Volkswagen may renew CEO Winterkorn's term: report


FRANKFURT, Nov 27 (Reuters) - Volkswagen Chief Executive Martin Winterkorn is in the frame to get a fresh five-year term in January, to oversee the integration of sports carmaker Porsche , a magazine reported. VW's supervisory board members have agreed to extend Winterkorn's contract until 2016, when the CEO would be 69, German magazine Der Spiegel reported on Saturday, without saying where it got the information. VW, which is Europe's largest carmaker, declined to comment. Apart from ...

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