December 9, 2020
FRANKFURT (Reuters) – Volkswagen’s supervisory board will meet on Wednesday afternoon in an effort to defuse a leadership crisis after Chief Executive Herbert Diess continues to insist on a contract extension, Handelsblatt said, citing company sources.
VW’s supervisory board was due to discuss a reshuffle of the company’s management board on Thursday, two people familiar with the matter told Reuters earlier this week, as the world’s largest carmaker seeks to defuse a leadership crisis.
VW was not immediately reachable for comment.
(Reporting by Edward Taylor; editing by Thomas Seythal)
