Report: Winterkorn to resign from Porsche, Audi positions

Report: Winterkorn to resign from Porsche, Audi positions

Former Volkswagen CEO Martin Winterkorn is reportedly planning to resign from his other key positions within VW Group brands.

The executive was ousted from VW within days of the Environmental Protection Agency’s public notice of non-compliance for certain diesel cars, which were outfitted with ‘defeat’ software to cheat emissions tests.

Despite the departure from VW, Winterkorn is still serving as chairman of Audi and chief executive of Porsche SE, a holding company with a majority stake in VW. He is also chairman of truck maker Scania.

Under pressure from labor leaders, the executive has agreed to resign from the remaining positions and completely sever ties with the company, according to a Reuters report citing German newspaper Sueddeutsche Zeitung and several television stations.

Following Winterkorn’s departure, the company is continuing to proceed with an internal investigation that aims to identify any workers responsible for the scandal. Critics point out that, like GM’s ignition-switch crisis, the answer likely goes much deeper than a few rogue software engineers.

Government agencies in the US and abroad will also be taking a closer look at executives’ roles in the emissions-cheating fiasco, exposing employees to potential criminal prosecution. Investigators are likely focusing on any direct approval or instruction by top executives, though Winterkorn has already issued a carefully-worded statement claiming “I am not aware of any wrongdoing on my part.”

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