BREAKING NEWS

BREAKING NEWS

Volkswagen to name company insider as COO - source

Now Reading:

Volkswagen to name company insider as COO - source

Volkswagen to name company insider as COO - source
© Copyright :
Axel Schmidt(Reuters)
Text size Aa Aa

HAMBURG (Reuters) - Volkswagen <VOWG_p.DE> is set to name Ralf Brandstaetter, the procurement chief of its core VW brand, as its group Chief Operating Officer, a person familiar with the matter said.

Brandstaetter will take on the new job in addition to his existing responsibilities, the person told Reuters on Tuesday.

His appointment comes as Volkswagen's new Chief Executive Herbert Diess undertakes the most far-reaching shake-up in the carmaker's history, seeking to unite a company whose feuding factions have often slowed reform.

German daily Bild first reported VW's plans to name Brandstaetter as COO.

(Reporting by Jan Schwartz; Writing by Maria Sheahan; Editing by Douglas Busvine)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.