Although Christian Strenger has a a small stake in VW, as the ex-CEO of DWS, Deutsche Bank’s asset management arm, and being the founding member of Germany’s Corporate Governance Commission, he has a prominent voice. German newspaper Frankfurter Allgemeine Sonntagszeitung… Read More ›
Matthias Mueller’s pay package comes in the wake of VW almost doubling its 2017 operating profit despite being weighed down by the U.S. emission scandal. On Tuesday, Volkswagen, EU’s biggest carmaker, reported that it has hiked up its CEO, Matthias… Read More ›
The German steel company intends to come out of the volatile steel sector and intends to focus on making car parts and elevators. On Tuesday, German business daily Handelsblatt reported citing an interview of Thyssenkrupp’s Chairman Ulrich Lehner in which… Read More ›
As it pushes to surge ahead leaving dieselgate behind, Audi is streamlining its operations through a cost cutting program. As per sources close to Audi, the carmaker is aiming to cut $12 billion (10 billion euros) as cost cutting measures,… Read More ›
VW could place Neumann at the helm of Audi. As per a source familiar with the matter at hand, following a media report that Opel’s CEO will quit his job, Volkswagen may possibly hire him to lead its Audi brand…. Read More ›
By 2018 Jim Hagemann Snabe is likely to reduce his supervisory board positions and be Siemens chairman. Germany’s top engineering group, Siemens has proposed that Jim Hagemann Snabe, the former Co-CEO of SAP be its next chairman, ahead of its… Read More ›
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