Automotive Industry

Volkswagen announced on Wednesday that its top US boss, Michael Horn, would be leaving the company “effective immediately”, six months after the car giant’s global CEO resigned as the emissions cheating scandal became public. But a CEO losing his or her job following an environmental controversy is more the exception than the rule, according to a new study.

Volkswagen announced on Wednesday that its top US boss, Michael Horn, would be leaving the company “effective immediately”, six months after the car giant’s global CEO resigned as the emissions cheating scandal became public. But a CEO losing his or her job following an environmental controversy is more the exception than the rule, according to a new study.