Filed under: Europe, Hirings/Firings/Layoffs, Bentley
The game of game of CEO musical chairs at Volkswagen is still underway. Wolfgang Dürheimer (at right), formerly executive vice president of Porsche, is now the chairman and CEO of Bentley. Dr. Franz-Josef Paefgen (above), the company's current CEO, will retire in February after eight years of leading the ultra-lux brand. Though he's hit the traditional German retirement age of 65, the well-regarded exec is slated to stay on the payroll as a consultant for VW and an adviser for Bentley.Dürheimer, 52, has a long history in the automotive and motorcycle worlds. He joined up with BMW in 1986 and held lead roles in product development for the Roundel's two-wheeled operation as well as research and development for the company's passenger car division before moving to Porsche in 1999. While there, he helmed the 911 line before heading up research and development for the sportscar maker.
Hit the jump for the full press release.
[Source: Bentley]
Continue reading Paefgen retiring at Bentley, D�rheimer appointed chairman and CEO
Paefgen retiring at Bentley, D�rheimer appointed chairman and CEO originally appeared on Autoblog on Mon, 29 Nov 2010 11:31:00 EST. Please see our terms for use of feeds.
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