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German finmin criticizes Volkswagen management over bonuses: paper
April 30, 2016 by publisher · Leave a Comment
Germany's finance minister Wolfgang Schaeuble has criticized the executive board of scandal-ridden carmaker Volkswagen for not waiving bonuses despite bringing the company to the brink of collapse. “I have no sympathy for managers who first drive a large blue chip-listed company into an existence-threatening crisis and then defend their own bonuses in a public debate,” Schaeuble told German weekly Frankfurter Allgemeine Sonntagszeitung. “That shows that something is not working….
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German finmin criticizes Volkswagen management over bonuses: paper