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VOW Volkswagen AG

140.60
1.30 (0.93%)
20:02:23 - Realtime Data
Share Name Share Symbol Market Type
Volkswagen AG TG:VOW Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.30 0.93% 140.60 140.60 141.40 141.60 138.80 139.70 3,818 20:02:23

Volkswagen Extends Contract of CEO Herbert Diess Until 2025

09/07/2021 6:11pm

Dow Jones News


Volkswagen (TG:VOW)
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By Giulia Petroni

 

Volkswagen AG on Friday said that Chief Executive Officer Herbert Diess will stay at the helm of the group until October 2025.

The German car maker said its supervisory board approved a new service contract with a corresponding term for Mr. Diess.

"The supervisory board believes that under the leadership of Dr. Diess conditions will be optimal for the continued successful development of the entire company in the coming years as well, especially in view of Strategy 2030," it said.

The strategy is set to be presented on July 13, according to Volkswagen.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

July 09, 2021 12:59 ET (16:59 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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