VOLKSWAGEN – Departure of the CEO: not that great a surprise for an ESG profile that is still less convincing than peers
>A mandate tarnished by several governance controversies and a departure that is not that great a surprise - At the meeting on Friday 22 July, Volkswagen AG’s Supervisory Board decided to fire the Chairman of the Board of Management (BoM) Herbert Diess, who had held the position since April 2018. The Supervisory Board decided to appoint the current chairman of the BoM of Porsche AG, Oliver Blume, as Chairman of VW AG’s BoM to replace him. He will take up his duties wi...
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