Volkswagen CEO Matthias Mueller's pay rises 40% to $12.47 mn
German automaker Volkswagen CEO Matthias Mueller's compensation surged by 40% to $12.47 million in 2017. Mueller had received a remuneration of $9 million in fiscal 2016. This comes after Volkswagen nearly doubled its 2017 operating profit even as it pushes a costly strategic shift to electric and self-driving cars and struggles with its emissions scandal.