Executive
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After last week’s sudden departure of Volkswagen Group chairman Ferdinand Piech and his wife Ursula from the automaker’s overarching supervisory board, which came after a lost leadership battle with CEO Martin Winterkorn, there were two empty seats that needed to be filled. The automaker has now confirmed that those seats will be filled by 57-year-old Louise Kiesling and 34-year-old Julia Kuhn-Piech. Kiesling has a background in design while Kuhn-Piech is involved in real estate, and crucially both are part of the Porsche-Piech clan that control 50.7 percent of VW’s voting...
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VW CEO’s Contract To Be Extended Despite Chairman’s Recent Grievances
Volkswagen CEO and chairman of the board of management Martin Winterkorn has won the approval of the German auto giant’s supervisory board executive committee and will now likely have his contract extended, despite recent grievances made by chairman Ferdinand Piech. In an interview last week...
Viknesh Vijayenthiran -
Ralph Gilles Named Fiat Chrysler Automobiles Design Chief
Fiat Chrysler Automobiles [NYSE:FCAU] has promoted its straight-shooting designer—and weekend racer—Ralph Gilles to the role of head of design for the group. At the same time, Gilles has also been appointed a member of FCA’s overarching Group Executive Council, led by CEO and...
Viknesh Vijayenthiran -
Infiniti Names New U.S. Chief In Move To Boost Brand’s Presence
With no new products due this year, Nissan’s upmarket division Infiniti has a tough time ahead as it continues on its quest for relevancy in the global luxury market, and the reshuffling of some of its most senior executives isn’t helping. Following the sudden departure of its chief...
Viknesh Vijayenthiran -
Mark Bernhard Named Holden Chief Following Sudden Departure Of Previous Head
Following the sudden departure of Gerry Dorizas after just eight months in the head role at Holden, the Australian subsidiary of General Motors Company [NYSE:GM] has now announced that veteran GM exec Mark Bernhard will now take up the reigns. Importantly, he will be the first Australian to run...
Viknesh Vijayenthiran -
Bentley Appoints Michael Winkler As New U.S. Chief
Bentley, which is enjoying record sales at the moment, here in the U.S. and across the world, has announced it is appointing Michael Winkler as the new head of Bentley Motors Inc., the automaker’s unit responsible for the Americas. A total of 3,186 Bentleys were sold in the Americas in 2014...
Viknesh Vijayenthiran -
Volvo has announced that it is appointing Dutch executive Lex Kerssemakers as its new U.S. chief. The 55-year-old replaces former chief Tony Nicolosi and will have an expanded role that will also see him run things in the rest of the Americas, including crucial emerging markets in South America. Nicolosi will now run Volvo’s finance company in the Americas. Kerssemakers’ appointment comes at a time when Volvo’s sales in the U.S. are tanking. The automaker saw sales here drop 7.9 percent in 2014 to just 56,366 units. One of Kerssemakers’ first tasks will be to instigate...
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Mercedes Confirms Plans To Move U.S. Headquarters To Atlanta
Mercedes-Benz has a home in the United States, and it's been in New Jersey since 1972. That is set to change, however, as the German automaker has confirmed it will be moving its local headquarters to Atlanta, Georgia later this year. MUST SEE: 2015 Chevy Corvette Z06 Does Burnout, Then Runs The...
Jeff Glucker -
Former BMW M Engineering Chief To Oversee Development Of Hyundai Performance Cars
German auto industry veteran Albert Biermann, a former engineering chief of BMW’s storied M division, has been hired by Hyundai to oversee the development of new performance cars for the Korean brand and those from its sister brand Kia. Biermann, 57, has been assigned the role of head of...
Viknesh Vijayenthiran -
Engineering Guru Matt Becker Leaves Lotus For Aston Martin
Aston Martin has managed to snag a top engineer from the ranks of Lotus. It has been confirmed that Matt Becker, the current head of vehicle testing and development at Lotus, a company he’s worked at for more than two decades, will join the team at Aston Martin next month. Becker will be in...
Viknesh Vijayenthiran -
BMW Names Current Product Chief Harald Krüger CEO
BMW will promote its current product chief Harald Krüger to the role of CEO. The 49-year-old executive will take the reins at the automaker on May 13, 2015, replacing current CEO Norbert Reithofer who is set to become chairman, subject to the election of the board of directors. ALSO SEE: Lies!...
Viknesh Vijayenthiran -
Former Philip Morris Exec Named Ferrari F1 Boss
Ferrari has announced that former Philip Morris executive Maurizio Arrivabene has replaced Marco Mattiacci as team principal for Scuderia Ferrari, and in addition to running the Formula One squad will also head the Sporting Activities Department responsible for the Corse Clienti and Challenge...
Viknesh Vijayenthiran -
Despite walking out the door with an eight-figure severance package, it appears former Ferrari chairman Luca di Montezemolo is itching to start a new job, this time running Italy’s struggling national airline Alitalia. The 67-year-old Italian announced his resignation from Ferrari back in September and is yet to reveal his future plans. But according to Reuters’ sources, it will be announced that di Montezemolo will serve as chairman of Alitalia as soon as regulators approve a 49 percent sale of the airline to Etihad in a deal worth around $2.2 billion. The national airline of Abu...
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Holden Boss Quits After Just Eight Months
The boss of Holden, Gerry Dorizas, has called it quits just eight months after taking up the reins, hinting at further signs of trouble for the Australian automaker. Dorizas joined Holden on March 1 and was its fifth boss in just six years. In a statement, Holden said Dorizas has left the company...
Viknesh Vijayenthiran -
Lotus Appoints New Design Chief
Lotus has appointed Russell Carr its new head of design, a man who has been with the firm since 1990 and whose most notable design is probably that of the Evora sports car. Carr replaces Donato Coco, a former Ferrari designer that has been running the studio in Hethel since 2009. It’s not...
Viknesh Vijayenthiran -
Sergio Marchionne Says He’ll Step Down As Fiat Chrysler CEO After 2018
Fiat Chrysler Automobiles CEO Sergio Marchionne says he plans to do something else after 2018, when a company-wide five-year strategy he announced in May is expected to conclude. “I’ll undoubtedly do something else” Marchionne told Bloomberg when asked what he’ll do once his...
Viknesh Vijayenthiran -
Ferrari Chief Engineer Joins BMW
Ferrari chief engineer Roberto Fedeli, the man who headed the development of some of the world’s best performance cars like the LaFerrari, F12 Berlinetta and 458 Italia, will soon be working for BMW. The German automaker has confirmed Fedeli will join it in November but hasn’t revealed...
Viknesh Vijayenthiran -
Former Boss Of Audi’s quattro Performance Division To Run BMW M
Back in January, it was revealed that the head of Audi’s quattro performance division, Franciscus van Meel, was being reassigned to an R&D role in China. No reason was stated but it was rumored at the time that more senior Audi managers were displeased with van Meel’s progress on...
Viknesh Vijayenthiran -
UPDATE: Video interview with Luca di Montezemolo added. Ferrari chairman Luca di Montezemolo has confirmed his resignation from the top post at the Italian sports car manufacturer and race team, a role he has enjoyed for the past 23 years. The 67-year-old explained that Ferrari is transitioning into a new era, due to the upcoming floating of parent company Fiat Chrysler Automobiles on the New York Stock Exchange, and that in this new era control of Ferrari should be in the hands of FCA CEO Sergio Marchionne. “Ferrari will have an important role to play within the FCA Group in the...
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Former BMW Exec Roland Krüger To Head Infiniti
After the sudden exit of Johan de Nysschen from the top role at Infiniti back in July, the Japanese luxury automaker has now announced that Roland Krüger will be its new president. Like de Nysschen, who previously worked for Audi, Krüger also comes to Infiniti from one of Germany’s...
Viknesh Vijayenthiran -
Product Guru Andy Palmer Quits Nissan To Head Aston Martin
Nissan executive vice president Andy Palmer, a performance car champion with an engineering background, has been named CEO of Aston Martin. The famous British sports car brand has been without a CEO for some time, with previous CEO Ulrich Bez stepping down in early 2013, so Palmer’s...
Viknesh Vijayenthiran -
Toyota Boss Akio Toyoda Takes ALS Ice Bucket Challenge: Video
It's not easy to look dignified as someone pours a bucket of ice and water over your head, but Toyota president Akio Toyoda manages better than most. Toyoda's dunking is all in the name of the globally-recognized 'Ice Bucket Challenge' for Amyotrophic Lateral Sclerosis, known by its acronym ALS and...
Antony Ingram -
Aston Martin In No Rush To Appoint New CEO
It was revealed as far back as May of 2013 that Aston Martin’s Dr. Ulrich Bez would be stepping down from the CEO position after running the company since 2000. A replacement for Bez is yet to be appointed but senior executives from the firm say there is no rush to find a successor because...
Viknesh Vijayenthiran -
Kumar Galhotra To Head Lincoln
Ford Motor Company [NYSE:F] has confirmed that Kumar Galhotra, one of its top engineers, will head its luxury brand Lincoln. Galhotra, the current head of vehicle component and systems engineering, will serve as vice president and president of Lincoln from September 1, 2014. His old job will go to...
Viknesh Vijayenthiran