Post Tagged with: "auto executives"

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Report: VW CEO expects to earn less this year

Report: VW CEO expects to earn less this year

Volkswagen AG CEO Martin Winterkorn, the highest-paid top manager among Germany’s biggest companies, expects to earn less this year. Winterkorn said that is because the carmaker considers limiting compensation packages. A compensation of 20 million euros ($27 million) would be difficult to explain to the supervisory board, and it would […]

Opel’s sales chief Alfred Rieck resigns, replaced temporarily by Vauxhall boss

Opel’s sales chief Alfred Rieck resigns, replaced temporarily by Vauxhall boss

Opel has announced that its sales chief Alfred Rieck has resigned after nearly seven months in office. 56-year-old Rieck will be temporarily replaced by Duncan Aldred (pictured), currently Chairman and Managing Director, Vauxhall Motors. 43-year-old Aldred was named Acting Opel/Vauxhall Vice President, Sales, Marketing and Aftersales in addition to his […]

GM considered Mark Reuss for CEO in 2010

GM considered Mark Reuss for CEO in 2010

GM’s North American president, Mark Reuss, was considered for the top job at the U.S. carmaker in 2010 when the board chose Dan Akerson. According to an excerpt from a forthcoming book by GM’s former CEO, Ed Whitacre, Reuss’ lack of experience led the board to the current chief executive, […]