According to the proposal of VW CEO Matthias Müller Board members and ex-manager to around a third of their performance-related bonuses should dispense.
in the dispute over bonus payments at Volkswagen CEO Matthias Müller will according to a newspaper report suggest -page-number = “1″ readability = “48.55606557377″ a reduction by almost one third. Müller would propose on Monday the Bureau of the Supervisory Board that the corporate executives phased out in view of the exhaust scandal voluntarily on 30 percent of the performance-related earnings, reported the Bild am Sonntag . This regulation would the nine board members concern, but in 2015 retired top managers like Martin Winterkorn.
According to the report it but should be no complete renunciation. Last Tuesday the VW board have debated over the premium payments. While some managers bonuses currently believed to be inappropriate, others would have insisted on the payment of bonuses. By proposing Müller now wants to end this dispute.
had “Spiegel Online” reported on Thursday that the top Manager of VW would take at most a reduction in their bonuses. Müller had called in December for reductions of performance-based remuneration of staff and board members. He also said, referring to the crisis that “a little more humility and modesty” Volkswagen anstehe well.
VW had admitted in September to have built an illegal software in around eleven million vehicles of different brands of the group that identifies the pollutant emissions in the test mode to be too low. Worldwide threaten the consolidated high penalties and compensation.
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