VW boss bears brunt of shareholders’ anger over scandal

Volkswagen chairman Hans Dieter Poetsch bore the brunt of investor dissatisfaction over the carmaker’s handling of the emissions cheating scandal during a raucous shareholder meeting, with some even trying to remove him as host of the gathering.

Poetsch received a tongue-lashing from investors for his shift last year from chief financial officer to the head of the supervisory board, which has oversight on top management.

Some investors twice asked to have Stephan Weil, the prime minister of Lower Saxony and a VW board member, take over the meeting. The motion was turned down.