BERLIN, Feb 22 (Reuters) - Volkswagen's supervisory board has taken steps to limit bonuses for top executives even as the German car maker announced a record operating profit for 2012. Chief Executive Martin Winterkorn will be paid a total of 14.5 million euros ($19.17 million) for 2012 in fixed salary, bonuses and incentives, compared with 17.5 million a year earlier, the company said on Friday, citing a ruling by the 20-member supervisory board. Compensation ...
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
- And much more!