Jump to content
Sign in to follow this  
NINETY EIGHT REGENCY

REPORT: VW TO SIGN CEO TO NEW DEAL

Recommended Posts

REPORT: VW TO SIGN CEO TO NEW DEAL

By Drew Johnson

It seems as though executive shifts have dominated the headlines over the past few months, but that won’t be the case with Volkswagen’s head man. According to the latest reports out of Germany, VW will extend CEO Martin Winterkorn’s contract through at least 2012.

No word on how many years Winterkorn’s new contract will tack on, but VW supervisory board deputy chief Bernd Osterloh says the company wants to extend the exec’s contract by “several more years.”

“Our chief executive officer has advanced the company in every respect,” Osterloh said.

Winterkorn is currently leading the company through its acquisition of Porsche and is looking to double VW’s sales in China with two new plants. Winterkorn has also been charged with boosting the company past sales leader Toyota, which is scheduled to take place by the year 2018.

link:

http://www.leftlanenews.com/report-vw-to-sign-ceo-to-new-deal.html

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoticons maximum are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  



About us

CheersandGears.com - Founded 2001

We  Cars

Get in touch

Follow us

Recent tweets

facebook

×