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VW’s Regulatory Compliance Chief Leaves
Christine Hohmann-Dennhardt, who was hired by Volkswagen AG at the beginning of last year as head of integrity and legal affairs, is leaving at the end of January.
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Christine Hohmann-Dennhardt, who was hired by Volkswagen AG at the beginning of last year as head of integrity and legal affairs, is leaving at the end of January.
Her successor is Hiltrud Werner, who was chief audit executive at ZF Friedrichshafen AG before joining VW Group last January. She has been serving as the group’s chief of auditing.
Hohmann-Dennhardt is a former judge on Germany’s constitutional court who was Daimler AG’s chief compliance and ethics officer when VW hired her. Her task was to help resolve VW’s diesel emission cheating, which had been revealed four months earlier.
VW says she is leaving over differences in understanding of the responsibility and future operating structures for the functions she leads.
Sources tell Reuters that VW chief counsel Manfred Doess and negotiator Francisco Javier Garcia Sanz ended up handling negotiations with U.S. officials. Those efforts led earlier this month to VW’s agreement to plead guilty and pay $4.3 billion to settle civil and criminal charges.
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