VW'S Chairman Clashes With CEO In A Leadership Fight

April 13, 2015 5:45 PM

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Volkswagen has slipped into a fresh leadership crisis, as Chairman Ferdinand Piech disapproves of CEO Martin Winterkorn

Ferdinand Piech, chairman of the non-executive advisory board of Europe’s largest automaker Volkswagen AG (OTCMKTS:VLKAY) publicly withdrew support for the company’s current CEO, Martin Winterkorn, on Friday.

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