VW board to decide on new HR chief at Friday meeting
VW board to decide on new HR chief at Friday meeting
Volkswagen names new chief executive in boardroom revamp
13 April, 2018, 03:50
"The Volkswagen group is considering further evolving the leadership structure, which could be connected with changes in the board. a change to the chief executive could be involved", VW said in a statement. For years, Volkswagen lied through its teeth to regulators and customers both at home and overseas about how clean its diesel cars were.
Passed over for head of BMW in favor of Harald Kreuger, Diess swung over to Volkswagen to pursue a CEO role.
"In a phase of profound upheaval in the automotive industry, it is vital for Volkswagen to pick up speed and make an unmistakable mark in e-mobility, the digitalization of the automobile and transportation as well as new mobility services", the new CEO added.
CEO Matthias Mueller will relinquish his post and will be succeeded by Herbert Diess, who had been serving as CEO of the VW brand and has gained a reputation for cost-cutting at the sprawling company.
Reuters reports that Diess and Mueller agreed to guarantee VW's manufacturing jobs in Germany until 2025 in order to get approval from the unions for a plan to turn the carmaker into a mass producer of electric cars.
Volkswagen Group has announced Herbert Diess will take the top job at the German auto giant as Matthias Mueller steps down after leading the company through the aftermath of the emissions scandal. He's worked since 2015 on welding the commercial-vehicle operations more tightly together to reducing costs by sharing development. That project became much more urgent as the diesel scandal generated massive costs, and meant taking on established interest groups. The company sold 10.74 million vehicles and made 11.6 billion euros in profit.
"Diess will hold both positions, CEO of the company and the VW brand", one of the sources said, speaking on condition of anonymity because of the sensitivity of the subject.
Diess currently heads the firm's namesake Volkswagen division, but now takes over a larger parent company that owns brands including Porsche, Audi, Bentley, Bugatti and Lamborghini. But a replacement of the CEO could also signal that some of the primary shareholders and board members are perhaps unhappy with the direction of the company.
Volkswagen on Tuesday said Mr Mueller had expressed his general willingness to participate in a management overhaul, and it was still to be determined whether efforts to develop a new leadership structure would leave him in place.
The two term Republican governor held a rally at Sun Harvest Citrus, where he touted his job creation record during his tenure. Scott , who has won two gubernatorial elections very narrowly in two strongly pro-Republican years, is term-limited.
They signed a cooperation agreement on research and tourism at the Mada'in Saleh archaeological site in northwest Saudi Arabia. Meanwhile, the Organization for the Prohibition of Chemical Weapons (OPCW) has said it will send a team to Syria "shortly".
Boufarik Airport is a military air base located on the northern coast of Algeria , some 30km from the capital Algiers . Mohammed Achour, chief spokesman for the civil protection agency, said: "There are more than 100 deaths".
It said that the government of Syrian President Bashar Al Assad "must be held accountable for its continued human rights abuses". The Syrian regime has also been blamed for using chlorine gas on three villages in 2014 and 2015.
After the game, nine-time All Star and two-time Olympic gold medallist Paul, 32, said: "I told him much respect". As quickly as we went out as a workers for warmups, I merely felt some electrical power in the marketplace.
Previous research has suggested a link between TBI, including mild TBI (concussion) and subsequent dementia. Between 1999 and 2013, 4.5 per cent of the study population aged 50 and older were diagnosed with dementia.
Drivers can also create a profile, which can help riders know more about the driver, including what he does outside of Uber . Uber revealed a redesigned app for its drivers this week, including new features such as a real-time earnings tracker .
Finally, TheStreet downgraded shares of Kroger from a "b" rating to a "c+" rating in a research report on Monday , March 5th. Oppenheimer maintained The Kroger Co . (NYSE:KR) has 27 ratings reports on April 10, 2018 according to StockzIntelligence.
Bayern Munich v Sevilla Betting Tips
Sevilla hope to surprise Bayern Munich in front of their fans and reach the semi-finals for the first time in their history. A scoreline of 2-1 was enough for the La Liga side in Manchester, however it would only take them to extra time tonight.
Saudi Arabia intercepted 'Houthi missile' over Riyadh
Yemen's Al Masirah TV, controlled by the Houthis, reported that the missile was targeting a Saudi Aramco facility in the city. He said Saudi forces also intercepted two missiles in the southern Jizan and Najran provinces close to the border with Yemen.
Champions League quarterfinals - Bookmaker's view
Bayern have already wrapped up their sixth consecutive Bundesliga title and are a goal up here going into the second leg. This year at home in the Champions League , Madrid have defeated APOEL , Dortmund and PSG while drawing Spurs .
Odds are in for royal baby name
On April 10, parking restrictions also came into force, with entrances and four parking spaces being cleared outside the hospital. Temporary parking restrictions were placed outside the hospital on April 9 where Kate Middleton , 36, will give birth this month.