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VW separates from Leif Östling: the truck board is in dispute

VW separates from Leif Östling
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D he contract from Östling actually ran until the end of August. Instead, he surprisingly had to resign with effect from March 1st.

Long-time Scania boss Östling had been the truck board member in the VW Group since September 2012, but was replaced by ex-Daimler manager in February Andreas Renschler replaced in this role. Östling should continue to play a role in the group as a consultant and supervisory board member for the truck subsidiaries MAN and Scania.

According to information from 'Bilanz', that should now change. A VW spokesman had confirmed Östling's departure from the corporate board. The dispute was sparked by current statements by Östling at the Geneva Motor Show. Östling told the 'Svenksa Dagbladet' that the employees at Scania should be careful as they have no right of veto. The German VW law provides for this. Factory relocations or closings can only be decided with a two-thirds majority in the supervisory board. Ostlich said against it, in the end the management and the owners decided.

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