April 29, 2016 Comments Off on Former VW Boss Gets $8.2 Million Payout Despite Scandal Views: 229 California News, Connect Classroom, National News

Former VW Boss Gets $8.2 Million Payout Despite Scandal

By: Daniella Soloway

While Volkswagen’s emissions scandal has cost the company billions of dollars in reparations, its former boss, Mike Winterkorn, took home millions last year.

In September, Winterkorn was forced to resign as the carmaker’s scandal came to light, but he reportedly stepped away from the company with an $8.2 million payout and an additional $1.1 million bonus in his pocket.

He said he was not aware of any wrongdoings, and left after eight years of employment with the automaker.

Read More at CNN Money

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