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Showing results for tags 'martin winterkorn'.
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[extract] 2011 was a record year for the VW Group, posting 8.36 million sales worldwide. The man at the helm, Martin Winterkorn, naturally gets rewarded handsomely as VW nearly doubled the pay for its chief executive. Winterkorn earned
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[extract] Recently, the Parliament approved a 26 per cent increase in the Singapore President
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German automaker Volkswagen AG has extended CEO Martin Winterkorn's contract for another five years. Winterkorn's current contract is to be ended on December 31st, 2011 but it is now extended until the end of 2016. The fact that the announcement has been made so early signals a vote of confidence in Winterkorn's leadership of the VW Group. Winterkorn, 63, is tasked with executing Volkswagen's strategic plan to become the world's top automaker in volume sales by 2018, and knocking off Toyota from it
