Former Volkswagen CEO Martin Winterkorn, among Germany's highest-paid executives before stepping down last week, might not get the final payout he anticipated amid opposition from labor leaders.Interim Chairman Berthold Huber, an official with the IG Metall union, and other worker representatives, are against granting Winterkorn a big payout, said people familiar with the matter, who asked not to be identified because the discussions are private.
Winterkorn's role in rigging diesel engines to cheat emissions tests in the U.S. remains under investigation, and labor leaders worry that employees could suffer from the cost of the cleanup. Winterkorn's close ties with unions, which helped him survive a power struggle with former Chairman Ferdinand Piech in April, have rapidly deteriorated as the scandal widens.
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