Karl-Thomas Neumann is the new Opel CEO

Article by Christian Andrei, on January 15, 2013

Effective March 1, Karl-Thomas Neumann will start holding office as Opel's new CEO, a source confirmed to Reuters. He replaces Thomas Sedran, Opel’s acting CEO. This is four months earlier than expected. It confirms a report from German weekly Der Spiegel that Volkswagen, Neumann’s previous employer, is permitting the manager to get out of his contract before the expiration of his contract on June 30.

Volkswagen and Opel are both not commenting on this report. Last November, sources told Reuters that Neumann may be appointed by Opel as its CEO this year as General Motors, the parent of Opel, seeks to revamp its struggling European business. Until last June, Neumann served as the head of VW's China operations.

VW veteran Jochem Heizmann replaced Neumann, who wasn’t given a new role in the company. Neumann, who is now 51 years, is an electronics engineer. He worked at VW early in his career and came back to the German automaker in 2009 after he left German supplier Continental after getting into a power struggle with Schaeffler Group, Continental's controlling shareholder.

Topics: opel, ceo

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Although specs for the new Renault Megane had already surfaced several weeks ago, we didn’t know that the company has cooked up something new. Aside from the 200hp gasoline, Renault‘s...
by - December 9, 2016
For the first time in fifty-eight years, Infiniti registers its first US-Spec Q60 Coupe in Cuba. American products have not been allowed entry into Cuba for six decades. But it...
by - December 9, 2016
Chevrolet has already given out the pricing for some of its 2018 Equinox models. Not only will the new Equinox be available in both the US and Canada, it is...
by - December 9, 2016
Nearly all details have been set with regards to the upcoming market introduction of the new Jaguar I-Pace. Its production version was recently previewed at the 2016 Los Angeles Auto...
by - December 8, 2016
WM Motor, a new China-based automaker, recently revealed its forthcoming lineup consisting of affordable electric vehicles. While there is a company is the U.S. that has the same name, they...
by - December 8, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries