1. Volkswagen CEO Pay Soars 40% to €10m as Profits Rise Despite Emissions Cheating Fallout

    Volkswagen CEO Pay Soars 40% to €10m as Profits Rise Despite Emissions Cheating Fallout

    Volkswagen chief executive Matthias Mueller’s pay jumped 40 per cent last year to more than €10m (£8.9m) as the carmaker’s profits soared despite continued fallout from the emissions cheating scandal. The German company revealed on Tuesday that it paid its nine-strong board €50.3m in 2017 - 27 per cent more than the year before. Mr Mueller took over from Martin Winkelhorn as VW chief executive a week after the dieselgate scandal broke...

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