Published On: Thu, Sep 24th, 2015

Volkswagen CEO Likely to Get $32 Million Pension After Leaving

Annual report details how millions in severance also possible That payout hinges on how board defines his termination

VW-VW-chief-executive-Martin-Winterkorn-607334

 

Martin Winterkorn, engulfed by a diesel-emissions scandal at Volkswagen AG, amassed a $32 million pension before stepping down Wednesday, and may reap millions more in severance depending on how the supervisory board classifies his exit.

Bloomberg

 

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