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🇦🇹 Austria /Economy & Trade

VW brings Marianne Heiß back onto its supervisory board

From Der Standard · () German

Translated from German and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Volkswagen said Marianne Heiß has returned to its supervisory board with immediate effect after a court appointed her until the next annual general meeting.
  • Heiß fills a vacant shareholder-side seat and has also been elected chairwoman of the audit committee.
  • The board is due to discuss savings plans again on Friday.

Volkswagen’s supervisory board is fully staffed again just one day before a potentially pivotal meeting on the company’s savings plans.

The group said Marianne Heiß had returned to the board with immediate effect. A court appointed the Austrian-born manager to serve until the next annual general meeting.

Heiß, who sits on several supervisory boards, will take the vacant seat representing the owners. The board also elected her chairwoman of its audit committee.

Volkswagen’s supervisory board is scheduled to discuss cost-cutting plans again on Friday.

About this summary

Originally published by Der Standard in German. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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