Volkswagen chairman to seek re-election at shareholder meeting
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
BERLIN - Volkswagen Chairman Hans Dieter Poetsch will seek re-election at a coming annual general meeting, the carmaker said on Saturday.
Poetsch, 70, became chairman of the supervisory board in 2015, weeks after the start of the diesel emissions scandal - in which Volkswagen in 2015 acknowledged using illegal software to rig diesel engine tests in the United States - and was instrumental in averting a leadership crisis at Europe's largest carmaker late last year.
A spokesperson said in a statement that the supervisory board of Volkswagen AG "recommends to the upcoming AGM that it elect supervisory board chair Hans Dieter Poetsch" for a full five-year term." The date of the AGM has not been announced.
