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Volkswagen CEO, chairman will stay in office despite charges: supervisory board

September 25, 2019

Via: Reuters

BERLIN (Reuters) – Volkswagen’s (VOWG_p.DE) chief executive and chairman will stay in office, the company’s supervisory board said in a statement on Wednesday, a day after German prosecutors pressed charges against them for their role in a diesel emissions scandal.

The carmaker’s supervisory board has not found any evidence that CEO Herbert Diess and Chairman Hans Dieter Poetsch were too late in informing capital markets about the risks in connection with the scandal that broke in 2015.

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