Volkswagen Chairman Agrees to Bonus Cut – Wall Street Journal

Posted: Wednesday, April 13, 2016

BERLIN—Volkswagen AG Chairman Hans Dieter Pötsch agreed to a sharp cut in bonuses he is entitled to from his time as the car maker’s finance chief, paving the way for a broader agreement among top executives over bonus cuts in light of the company’s crippling emissions-cheating scandal.

Volkswagen said Wednesday that the deal would be approved at a supervisory board meeting on April 22, when the company’s directors are also expected to review a report on the diesel scandal from Jones Day. Volkswagen commissioned the U.S….

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