Before meeting on Friday: VW recalls Marianne Heiß to the Supervisory Board
In the midst of a power struggle over the company's restructuring, Volkswagen is completing its Supervisory Board. Marianne Heiß is filling an empty seat on the shareholder side. Important decisions are already scheduled for Friday.
Marianne Heiß has returned to the Volkswagen supervisory board, filling a vacant seat representing the owners, effective immediately. She was also elected chair of the audit committee. The supervisory board has 20 members, with 10 from the shareholders and 10 from the employees. The board will meet on Friday to discuss cost-cutting plans proposed by CEO Oliver Blume, which include potential job cuts of up to 50,000 and the future of four German factories.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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