Thursday September 24, 2015

Ousted Volkswagen CEO Might Still Get $67M Payday

I wonder if the company car this guy gets with his $67 million severance package will be one of those "clean" diesels. roll eyes (sarcastic)

Martin Winterkorn, who stepped down from his gig atop the German automaker yesterday, already had about $33 million in his VW pension at the end of 2014. And according to the company’s annual report, there’s a severance payout rule that pays up to two years worth of their total annual remuneration.

Comments