VW Labor Head Sees Chairman Piech, CEO Winterkorn Staying
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Volkswagen AG Chairman Ferdinand Piech and Chief Executive Officer Martin Winterkorn will probably stay at least until 2018 to push forward a growth plan, the automaker’s top labor representative said.
“I’d be one of the first people to know if the situation changes” among the manufacturer’s management, Bernd Osterloh, head of Volkswagen’s works council, said at a press conference near company headquarters in Wolfsburg, Germany. Piech “had no plan to resign” last year, counter to a newspaper’s report at the time, said Osterloh, who is also a member of VW’s supervisory board.