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Turing Pharma names chairman to replace Shkreli as CEO

December 20, 2015 by · Leave a Comment 

(Reuters) – Martin Shkreli, the poster boy for prescription drug price increases who was arrested for securities fraud this week, has stepped down from his post as chief executive officer of Turing Pharmaceuticals Inc, the company said on Friday. Shkreli was replaced by Turing Chairman Ron Tilles, who said in a statement that the company was committed to continuing…

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Turing Pharma names chairman to replace Shkreli as CEO

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Turing Pharma names chairman to replace Shkreli as CEO

December 20, 2015 by · Leave a Comment 

(Reuters) – Martin Shkreli, the poster boy for prescription drug price increases who was arrested for securities fraud this week, has stepped down from his post as chief executive officer of Turing Pharmaceuticals Inc, the company said on Friday. Shkreli was replaced by Turing Chairman Ron Tilles, who said in a statement that the company was committed to continuing to make its flagship drug, Daraprim, which is used to treat…

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Turing Pharma names chairman to replace Shkreli as CEO

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Volkswagen chairman eyes job rotation for key roles: Welt am Sonntag

December 20, 2015 by · Leave a Comment 

Volkswagen plans to limit the time staff can remain in certain roles, its supervisory board chairman told a German weekly, in a step to improve oversight at the German carmaker. VW said in September it had cheated U.S. emissions tests and installed software capable of deceiving regulators, wiping billions of euros off its market value and forcing out its long-standing chief executive. The employees…

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Volkswagen chairman eyes job rotation for key roles: Welt am Sonntag

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Volkswagen chairman eyes job rotation for key roles: Welt am Sonntag

December 20, 2015 by · Leave a Comment 

Volkswagen plans to limit the time staff can remain in certain roles, its supervisory board chairman told a German weekly, in a step to improve oversight at the German carmaker. VW said in September it had cheated U.S. emissions tests and installed software capable of deceiving regulators, wiping billions of euros off its market…

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Volkswagen chairman eyes job rotation for key roles: Welt am Sonntag

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VW says only small group to blame for emissions scandal

December 11, 2015 by · Leave a Comment 

Volkswagen said on Thursday only a small group of employees was responsible for cheating U.S. diesel emissions tests and there was no indication board members were involved in the biggest business crisis in the carmaker's history. Chairman Hans Dieter Poetsch said investigations into the affair were going well, but the scandal was the result of a “chain of errors” and it would still take months to …

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VW says only small group to blame for emissions scandal

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VW brand sales fall 5.3 percent in first full month of scandal

November 13, 2015 by · Leave a Comment 

BERLIN (Reuters) – Volkswagen brand sales fell 5.3 percent in October, the first full month after Europe's biggest carmaker was found cheating diesel emissions tests in the United States. Deliveries of VW brand vehicles dropped to 490,000 cars from 517,400 a year ago, the eighth straight monthly drop at VW's biggest autos division by sales and revenue, the carmaker said on Friday. “The VW brand is experiencing challenging times,” sales chief Juergen Stackmann said. “We not only

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VW brand sales fall 5.3 percent in first full month of scandal

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