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.
#workforcedevelopment
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.
RELATED CONTENT
-
VW, the Future & the End of “Conventional” Jobs
"In order to become a global provider of sustainable mobility, we are pressing ahead with future projects such as electromobility, digital connectivity and new mobility services, equipped with the necessary resolve and financing.”
-
Bill Ford Describes Trump Meeting Over Mexico Jobs
Ford Motor Co. Chairman Bill Ford reveals he met with Republican presidential candidate Donald Trump a few months ago to discuss Trump’s “infuriating” comments about the company’s activities in Mexico.
-
Just In: Ed Welburn to Retire; Mike Simcoe Gets New Job
There are a lot of good people in the auto industry.