Opel names Karl-Thomas Neumann as Management Board chairman

Article by Anita Panait, on February 1, 2013

Opel’s Supervisory Board has named Dr. Karl-Thomas Neumann as chairman of the Management Board of Adam Opel AG, effective March 1, 2013. Opel’s parent, General Motors, also named Neumann as president of GM Europe and GM vice president. In effect, Neumann will become a member of GM's Executive Committee and is expected to have a vital role in the carmaker’s global leadership.

Steve Girsky, chairman of the Opel Supervisory Board, remarked that Neumann boasts of having in-depth knowledge of the automotive industry as well as a proven track record in growing business in a profitable way. Girsky quipped that Neumann will strengthen Opel’s Management Board significantly and will be a key in leading the German carmaker on its recovery and become one of the Europe's most successful.

Dan Akerson, GM chairman and chief executive, noted that since Opel is vital to GM’s global success, Neumann’s appointment ensures that the carmaker has the “best possible leadership” in place as it continues driving toward profitability and growth in Europe.

Neumann expressed excitement in leading a company that boasts of a rich German heritage and strong product portfolio. He said that while he will be taking a challenging job, he could turn around Opel with the help of his leadership team and employees.

Prior to joining Opel, Neumann was the chief executive and vice president of Volkswagen Group China, working in Beijing from September 2010 to August 2012. He joined the Volkswagen Group in 1999 as chief of Group Research and director of Electronic Strategy. He was then appointed in December 2009 as the group’s chief officer for Electric Traction.

Topics: opel

If you liked the article, share on:

Comments

Recommended

One of the executives at Volkswagen tagged in the so-called Dieselgate scandal has pleaded not guilty to a list of allegations surrounding the carmaker’s actions to cheat emissions regulations in...
by - February 27, 2017
When the Crown De Luxe saloon was first released in 1972, it was at that time the most lavish Toyota model available to British customers. Both unusual and exclusive, one...
by - February 27, 2017
The ride-sharing fleet of sharing Lyft Inc. will soon include thousands of specially fitted self-driving Chevrolet Bolt electric vehicles, courtesy of General Motors. If plans push through, Lyft’s clients would...
by - February 27, 2017
J.D. Power has officially released the 2017 Vehicle Dependability Study, an annual list of the most dependable brands in the auto industry. Once again coming on top is Lexus, the...
by - February 26, 2017
Citroen revealed that its entry to the Chinese market is moving forward with the planned release of the new generation C5. While still on sale on this part of the...
by - February 26, 2017
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