Volkswagen CEO Martin Winterkorn reprimanded at board meeting

Martin Winterkorn, the said CEO of Volkswagen was the talk of the board meeting that concluded a day ago. The board was called upon to discuss the issues related to Diesel Scandal.

The recent developments and occurrences in the scandal were hinting the involvement of the CEO, which for the board of members was disturbing and unfortunate.

Martin faced reprimands of the Board members in the meeting that recently concluded. The CEO was well aware of the issues related to Diesel Scandal, yet he was passive towards action.

His involvement and the conflict of thought for the personal benefits led him to be a part of a disastrous scandal.

Lately, it was getting difficult for the Martin to hold the position and defend himself-hence he decided to put forward his resignation and become an accused in the case. His move seems different by varied media houses, but the core values and issues remain the same.

The board of members are stern on Martin this time.

The scandal surfaced when complaints started pouring in from the varied corners of the world. Around 11 million cars were fitted with engines that had issues with diesel emission.

People have lost their trust on the brand just because of the CEO, and the board is going to make sure that Martin pays for the same.

A lot of people are feeling hesitant in coming forward and discuss the nuances of the meeting in front of the media because of the intensity of the matter.

The company is going to experience some downfall on the stock market, and it is going to be lethal for the enterprise if they do not come up with better decisions at the earliest.

About the Author

Born in Easter Europe more than four decades ago, Marian has been a journalist half of his life. Recently moved to Dubai where he's employed in The Media Marketing Inc offices, Marian adds his experience to a very young team of writers and not only reports on events, but also forms new journalists. In love with all things Middle-East from food to culture and way of life, Marian is the person who we always count on to save the day. His other passions include laying in the sun on any island in the Indian Ocean or enjoying a fresh seafood meal. But he would leave all these in order to get that amazing reportage ... and that's why he's seen as a guru in our newsroom.

Leave A Response