Head of Volkswagen's Works Council Leaves to Join Traton Executive Board -- Update
By Kim Richters
Volkswagen AG's long-serving works council chairman and
supervisory board member is stepping down to join the executive
board of the company's Traton SE subsidiary.
Traton said Friday that Bernd Osterloh will be responsible for
human resources and take up the position from May 1. He has been
chairman of the works council at Volkswagen for 16 years.
The executive-board member mandate at Traton had been vacant
following the restructuring of the board in summer 2020.
Volkswagen's works council said Friday that deputy chairwoman
Daniela Cavallo will succeed Mr. Osterloh at the helm of the
employee representative body. She will also take over Mr.
Osterloh's position on the car maker's supervisory board as quickly
as possible, the council said.
"Daniela is exactly the right person at the right time to
continue working in the team with our strong committees to assert
your interests as employees and actively shape the transformation,"
Mr. Osterloh said in a letter to Volkswagen's workforce.
Write to Kim Richters at firstname.lastname@example.org
(END) Dow Jones Newswires
April 23, 2021 08:49 ET (12:49 GMT)
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