Sunday 28 December 2014

Takata President Steps Down, Top Execs Take Pay Cut

Takata Corp., the embattled auto parts supplier at the center of a spiraling controversy around dangerously malfunctioning airbags, announced today that its recently-installed president will step�aside, with top executives taking a temporary pay cut. Stefan Stocker, Takata Corp. president, will hand over his post to company chairman Shigehisa Takada. Stocker will remain on the board […]

Source: http://feedproxy.google.com/~r/caranddriver/blog/~3/pYgrSoeivFA/

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