--Volkswagen management will make a total contribution of over 300 million euros ($310.2 million) from the reduction in compensation and special payments by 2030 to support the carmaker's restructuring, Gunnar Kilian, management board member for human resources, said in an interview with newspaper Braunschweiger Zeitung.
--Kilian didn't quantify the pay cut the executive board would take but said it would be greater proportionately than the management and employees' contributions, according to the German newspaper.
Full story in German: https://shorturl.at/1EEAQ
Write to Nina Kienle at nina.kienle@wsj.com
(END) Dow Jones Newswires
01-08-25 0542ET