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VW Exec May Get Top Opel Job
General Motors Co. is poised to hire Volkswagen AG executive Karl-Thomas Neumann as chief executive of its Opel unit, anonymous sources tell The Wall Street Journal.
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General Motors Co. is poised to hire Volkswagen AG executive Karl-Thomas Neumann as chief executive of its Opel unit, anonymous sources tell The Wall Street Journal.
Neumann headed VW's China unit from 2009 until this summer, when he was shunted aside in a management shakeup and assigned unspecified duties.
At Opel he would take over from Thomas Sedran, a restructuring expert and member of the company's supervisory board. Sedan has been interim CEO since the board ousted Karl-Friedrich Stracke in July.
Speculation has run rife since then about who GM would hire to run Opel. Rumored candidates include former executives from Daimler, GM, PSA Peugeot Citroen and Renault.
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