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Christine Hohmann-Dennhardt, Volkswagen’s outgoing compliance chief, will receive at least $12 million for her time with the company â€” with the possibility for as much asÂ $16.1 million (15 million euros). Hohmann-Dennhardt, who was brought on to getÂ VW through its messy emissions crisis, was canned by the automaker last week. The company attributed the “amicable” split to a “disagreementÂ in the understanding of responsibilities and future operating structures within the function she leads.”
New reports indicate that a central aspect of those disagreements involved Volkswagen’s upper management attempting to stop Hohmann-Dennhardt from exposing any additional information on how the emissions scandal transpired.Â
According to Germany’sÂ Frankfurter Allgemeine Zeitung, she routinely clashed with the company’s head of legal affairs, ManfredÂ DÃ¶ss. While technically a subordinate toÂ Hohmann-Dennhardt,Â DÃ¶ss is a closeÂ associate of the Porsche-Piech families and had been highly critical of her work asÂ compliance chief.
Volkswagen did not initially mention that Hohmann-Dennhardt would be eligible for such a substantialÂ payout â€”Â in addition to an 8,000 euro monthly pension â€” after leaving beforeÂ the end of her contract, instead claiming that she is being paid what is owed to her. The large sum allegedlyÂ exists asÂ compensation for the duration of her contract with VW and for her time at Daimler when Volkswagen recruited her.
“A contract being fulfilled is a normal process. I have nothing to hide,” she toldÂ Suedeutsche Zeitung in an interview.
via The Truth About Cars January 31, 2017 at 02:05AM