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Volkswagen to hand unions management board seat in reshuffle: sources

Reuters  |  BERLIN/HAMBURG 

BERLIN/HAMBURG (Reuters) - Volkswagen will give labour leaders a management board seat as part of a broad agreement to win approval for Herbert Diess as the German carmaker's new chief executive, sources said on Wednesday. Europe's largest automotive group is poised to replace group chief executive Matthias Mueller this week with Diess, a cost-cutter hired in 2015 from BMW as it seeks fresh impetus for its recovery from an emissions scandal. Volkswagen's (VW) supervisory board will on Friday replace personnel chief Karlheinz Blessing with Gunnar Kilian, managing director of the carmaker's ...

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First Published: Wed, April 11 2018. 16:29 IST
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