Volkswagen to Appoint Former ZF CFO to Management Board -Source
July 09 2018 - 11:10AM
Dow Jones News
By William Boston
Volkswagen AG (VOW.XE) is set to appoint Stefan Sommer, the
former chief executive of ZF Friedrichshafen AG, to its management
board as head of procurement, a person familiar with the situation
said Monday.
The news was first reported by German newspaper Handelsblatt.
The newspaper said Volkswagen's supervisory board would meet later
Monday about the appointment.
Mr. Sommer stepped down as CEO at auto supplier ZF
Friedrichshafen in December.
Volkswagen's previous head of procurement, Javier Garcia Sanz,
left the company in April.
Write to William Boston at william.boston@wsj.com
(END) Dow Jones Newswires
July 09, 2018 10:55 ET (14:55 GMT)
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