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IG Metall Head Calls for Pay Limit for Executives, Berliner Says

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March 24 (Bloomberg) -- Berthold Huber, head of Germany’s IG Metall labor union, wants limits set on the remuneration of management boards after Volkswagen AG Chief Executive Officer Martin Winterkorn got a record compensation, Berliner Zeitung reported.

Huber added that executives should have higher targets or bonuses should be capped at a certain level, the newspaper reported, citing an interview with the labor official.

To contact the editor responsible for this story: Sara Marley at smarley1@bloomberg.net

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