Former ZF CEO Sommer to join VW as procurement chief - source
Reuters
Published Jul 09, 2018 14:25
Former ZF CEO Sommer to join VW as procurement chief - source
FRANKFURT (Reuters) - Former ZF Friedrichshafen Chief Executive Stefan Sommer will join Volkswagen (DE:VOWG) as procurement chief from January 2019, a source familiar with the matter said.
The Volkswagen supervisory board was set to decide the appointment at a meeting on Monday, the source added, confirming a report in daily Handelsblatt.
Volkswagen said that the supervisory board would in due course name a successor to Francisco Javier Garcia Sanz, whose departure was announced in April.
In the wake of Volkswagen's diesel emissions cheating scandal, the carmaker has overhauled its management board.
Including Sommer, seven new executives will have been named to the management board since the scandal erupted, while only two of the top managers were already part of the executive board before September 2015.
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Written By: Reuters
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