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End of VW power struggle in sight?

2015-09-04 10:48:11| Industrial Machines - Topix.net

Volkswagen AG will nominate Chief Financial Officer Hans Dieter Poetsch as its new chairman, opting for a consensual figure to move beyond a power struggle that led to the abrupt departure of former chairman Ferdinand Piech. Poetsch will be proposed for the post at an extraordinary shareholders meeting in November, the Wolfsburg, Germany-based company said on Thursday in a statement.

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