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New salary scandal at VW: Millions for Pischetsrieder

New salary scandal at VW
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F According to the newspaper report, long-time VW supervisory board chairman Ferdinand Piëch is responsible for the generous pension scheme.

Piëch had therefore enforced this regulation after he had operated the replacement of Pischetsrieder in November 2006. His contract had previously been extended to April 2012. At the time, the Supervisory Board decided against paying Pischetsrieder a severance payment.

Pischetsrieder flew once a month for one or two days by company jet from his Bavarian home to Wolfsburg. According to the report, the salary did not appear in the annual reports.

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