World News

Volkswagen CFO will leave in summer next year: Manager Magazin

BERLIN (Reuters) – Volkswagen <VOWG_p.DE> finance chief Frank Witter will leave the German car group in the summer of 2021, business publication Manager Magazin reported on Thursday.

Witter, who is 60 years old, declined to extend his contract by five years for personal reasons and is instead opting for a nine-month extension this autumn, the magazine added.

Volkswagen was not immediately available for comment.

(Reporting by Thomas Seythal; Additional reporting by Edward Taylor in Frankfurt; Editing by Riham Alkousaa and Jan Harvey)