The Russian truck maker Gaz lost its CEO, Bo Andersson, to rival Russian automaker Avtovaz – and has now appointed its successor, Vadim Sorokin.
Sorokin, the head of Gaz’s light commercial vehicles division, will take on his new role from January 1st. He will also retain his current position. He joined Gaz in 2008 as deputy chairman of the company’s board before moving to head up the light commercial vehicles division a year later.
His new appointment comes two months after it was revealed that Andersson would be leaving Gaz to become Avtovaz’s first foreign president, as part of an aggressive push by owners Renault and Nissan to internationalize and regenerate the Lada brand.
Andersson, a former top executive at General Motors, has been credited for ending chronic losses at Gaz through abandoning passenger car production and focusing on commercial vehicles.
Alongside the appointment of Sorokin as chief executive, Gaz has also created the positions of chief operating officer and director of business and corporate development to strengthen its corporate management. Günther Heiden, currently chief operating officer of SPM, a supplier of automotive components, will take on the same role at Gaz. Albrecht Köhler, who has held senior roles at Daimler-Benz, will become director on business and corporate development.
Via Financial Times
by Aurel Niculescu
) - Friday, January 3rd, 2014 - filed under Industry
. Image credit: .
Discuss: Russia’s Gaz gets new chief executive