After all the speculation and rumors, Volkswagen announced today that Wolfgang Bernhard will be leaving his post as Chairman of the Volkswagen brand and vacating his seat on Volkswagen AG's Board of Management.
A true professional to the end, Bernhard put in his two weeks and will be leaving on January 31st. The company has been no doubt preparing for his exit, as we've known for some time that recently appointed Chairman of Volkswagen AG, Martin Winterkorn, has been planning a reorginization of the company's management. We're sure he's got a successor for Bernhard already picked out. Nevertheless, Winterkorn will assume Bernhard's duties as VW's head honcho until his replacement is named.
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