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VW CEO to have his 2012 paycheck cut by 20 percent


Volkswagen CEO Martin Winterkorn will receive a 14 million euros ($18.7 million) paycheck for 2012, 20 percent less than in 2011. According to a report from German magazine Der Spiegel cited by Reuters, not only Winterkorn will see his salary reduced, as VW's supervisory board will decide on a new compensation package for all management board members at its next meeting ...
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