VW's top board moves up leadership meeting to Monday, report says

VW’s top board moves up leadership meeting to Monday, report says


HAMBURG — Volkswagen Group’s supervisory board has introduced ahead its deliberate assembly and can now focus on tensions between the German automaker’s labor leaders and its CEO on Monday, two individuals aware of the matter instructed Reuters.

CEO Herbert Diess has demanded a contract extension and extra help for his reform efforts from VW’s stakeholders, however he has met resistance from highly effective employee representatives.

Supervisory board Chairman Hans Dieter Poetsch, searching for to discover a resolution, held talks with primary stakeholders over the weekend, one supply stated.

VW had no quick remark.

The supervisory board had deliberate to satisfy on Thursday.



Source link