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VW board member Hohmann-Dennhardt leaves: 12 million euros in goodbye

VW board member Hohmann-Dennhardt goes
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H ohmann-Dennhardt was only appointed to the Volkswagen AG Board of Management on January 1, 2016, with responsibility for the “Integrity and Law” department. It came from the Daimler Group and was supposed to help deal with the emissions scandal.

As the Handelsblatt reports, the former constitutional judge was unable to meet the expectations of the corporate management. Talks with the US authorities about a compromise in the diesel emissions scandal were conducted by the head of the legal department and her colleague on the board, Garcia Sanz.

Werner succeeds Hohmann-Dennhardt

Hohmann-Dennhardt (66) has also initiated improvements in the Group's compliance structures over the past twelve months. In addition, a campaign to promote the culture of integrity in the Group was rolled out under her responsibility. The separation should take place by mutual agreement.

Hiltrud Werner will be the successor to Hohmann-Dennhardt. She has been responsible for Volkswagen Group Auditing since January 1, 2016. Hiltrud Werner holds a degree in economics and was Head of Auditing at ZF Friedrichshafen AG until she switched to the Volkswagen Group.

12 million euros for 13 months of work

The manager who Car company leaves after just one year, receives according to Spiegel information a total of more than twelve million euros. According to other media information, the sum should even be up to 15 million euros, and according to unconfirmed rumors, she should receive a monthly pension of up to 8,000 euros.

Hohmann-Dennhardt can count on such a sum , because in addition to the salary for 13 months of work, she is entitled to a severance payment of almost two years' salary. In addition, the Wolfsburg-based car maker Hohmann-Dennhardt had promised compensation for leaving the Daimler Board of Management early in order to switch to Volkswagen at the beginning of 2016. She had waived claims against her ex-employer in the millions.

'It is a completely normal process for a contract to be fulfilled,' said Hohmann-Dennhardt of the 'Süddeutsche Zeitung' on Tuesday. You have 'nothing to hide'.


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