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Russian Auto Maker Will Remove Western CEO – Wall Street Journal
Posted: Saturday, March 05, 2016
MOSCOW—Russia’s largest auto maker, OAO AvtoVAZ, is poised to remove the Swedish auto executive who took charge just before the country fell into a recession that led to sharply lower car sales.
Bo Andersson, a former General Motors and Saab Automobile executive and the first non-Russian to run AvtoVAZ, will be relieved as chief executive at a board meeting later this month, said Sergei Chemezov, CEO of state-owned conglomerate…