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…

Comments

Write a Reply or Comment:

Your email address will not be published.*