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VW compliance chief to leave board after disagreement

Published 26/01/2017, 13:51
© Reuters. Volkswagen CEO Matthias Mueller and board members Francisco Javier Garcia Sanz and Christine Hohmann-Dennhardt arrive at the annual shareholder meeting in Hanover
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FRANKFURT (Reuters) - The compliance chief brought in to help Volkswagen (DE:VOWG_p) recover from its emissions scandal is leaving the management board at the end of this month following differences of opinion over her role, the German carmaker said on Thursday.

Volkswagen (VW) said Christine Hohmann-Dennhardt, hired just over a year ago from rival Daimler (DE:DAIGn), was leaving the board by mutual consent, confirming a report in the Handelsblatt newspaper.

She was leaving the board "due to differences in their understanding of responsibilities and future operating structures within the function she leads", VW said in a statement, without being more specific.

VW agreed this month to pay $4.3 billion in U.S. civil and criminal fines, making it the largest ever U.S. criminal fine levied on an automaker, to settle charges it conspired for nearly 10 years to cheat on diesel emission tests.

VW named Hiltrud Werner, head of group auditing, to take over Hohmann-Dennhardt's post.

© Reuters. Volkswagen CEO Matthias Mueller and board members Francisco Javier Garcia Sanz and Christine Hohmann-Dennhardt arrive at the annual shareholder meeting in Hanover

"Volkswagen will continue to press forward with changes to its way of thinking and working," it said.

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