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VW plans 25% pay increase for executive board members

Volkswagen's executive board members could see their pay rise by up to 25%, raising concerns over CEO Oliver Blume's dual role at VW and Porsche. Shareholders will vote on the proposed pay rise in May.

  • Volkswagen wants to increase executive board members' pay by up to 25%.
  • Some investors are concerned about CEO Oliver Blume's dual role at VW and Porsche.
  • Shareholders will vote on the proposed pay rise in May.
  • The supervisory board members could also see a significant pay rise.
  • Union Investment plans to engage with VW on the proposed executive remuneration strategy.
VW plans 25% pay increase for executive board members
Move comes amid wider concerns over chief Oliver Blume’s role as boss of both VW and Porsche

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