WSJ; Volkswagen CEO Pischetsrieder Steps Down, Will Be Replaced by Audi's Winterkorn

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11-07-2006, 09:24 AM

Inocent Bystndr

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WSJ; Volkswagen CEO Pischetsrieder Steps Down, Will Be Replaced by Audi's Winterkorn

From WSJ article:

Volkswagen said Bernd Pischetsrieder will step down as chief executive of Europe's biggest auto maker and will be succeeded by the head of the company's Audi unit, Martin Winterkorn. Earlier in the day, Peugeot-Citroen said its supervisory board appointed former Airbus executive Christian Streiff to succeed Jean-Martin Folz as CEO.<ul><li><a href="http://wsj.com/article/0,,SB116292080579115715,00.html?mod=djemalert">htt p://wsj.com/article/0,,SB116292080579115715,00.html?mod=djemalert</a</li></ul>

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11-07-2006, 09:34 AM

ESN

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linky no work - subscription required - but this is big news

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11-07-2006, 09:35 AM

Inocent Bystndr

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Sorry 'bout that, but I'm sure other services will have it shortly.

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11-07-2006, 09:38 AM

ESN

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From the A.P.

Volkswagen CEO Stepping Down

By THE ASSOCIATED PRESS
Published: November 7, 2006
Filed at 12:59 p.m. ET

BERLIN (AP) -- Volkswagen AG said Tuesday that Bernd Pischetsrieder will step down as chief executive of Europe's biggest automaker and said he will be replaced by the head of the company's Audi unit.

Audi CEO Martin Winterkorn will take over as Volkswagen CEO on Jan. 1, the company said in a statement.

Very interesting news, indeed.

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